StockWatch
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Industrial Products
Dividend19 May 2026, 09:01 pm

Dynamatic Tech Recommends Final Dividend of ₹5 Per Share

AI Summary

Dynamatic Technologies Ltd's board has recommended a final dividend of ₹5 per equity share of ₹10 each for FY26, subject to shareholder approval at the AGM. Combined with the interim dividend of ₹5, the total dividend for FY26 amounts to ₹10 per share. The record date for determining dividend entitlement is fixed as August 28, 2026. The board also approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, and noted the resignation of Mr. Dietmar Hahn as Non-Executive & Non-Independent Director. Additionally, Dr. Udayant Malhoutra was re-appointed as CEO and Managing Director for 5 years, effective October 1, 2026, subject to member approval.

Key Highlights

  • Final dividend of ₹5 per share recommended for FY26, totaling ₹10 with interim dividend.
  • Record date for dividend payment is August 28, 2026.
  • Standalone and consolidated audited financial results for FY26 approved.
  • Dietmar Hahn resigned as Non-Executive & Non-Independent Director.
  • Udayant Malhoutra re-appointed as CEO and Managing Director for 5 years.