Dividend18 May 2026, 05:21 pm
Electrosteel Castings: FY26 Dividend of ₹0.90 Recommended
AI Summary
Electrosteel Castings Ltd's board approved audited financial results for the quarter and year ended March 31, 2026. A final dividend of ₹0.90 per share was recommended, subject to shareholder approval. Mr. Uddhav Kejriwal was re-appointed as Whole-time Director for 5 years, with remuneration approved for 3 years, also pending shareholder approval. Mrs. Priya Manjari Todi's tenure as Whole-time Director was revised to 5 years. The Nomination and Remuneration Committee was reconstituted following Mr. Rajkumar Khanna's resignation as Chairman.
Key Highlights
- Electrosteel Castings recommends a final dividend of ₹0.90 per share for FY26.
- Uddhav Kejriwal re-appointed as Whole-time Director for 5 years.
- Priya Manjari Todi's tenure as Whole-time Director revised to 5 years.
- Nomination and Remuneration Committee reconstituted after Chairman's resignation.
- Audited consolidated and standalone financial results approved for FY26.
Price Impact
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