StockWatch
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Castings & Forgings
Board Meeting18 May 2026, 03:18 pm

Electrosteel: Final Dividend of ₹0.90 Recommended

AI Summary

Electrosteel Castings Ltd's board approved audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹0.90 per share. The board also re-appointed Mr. Uddhav Kejriwal as Whole-time Director for 5 years and approved his remuneration for 3 years, subject to shareholder approval. Additionally, Mrs. Priya Manjari Todi's tenure as Whole-time Director was revised to 5 years. The Nomination and Remuneration Committee was re-constituted following Mr. Rajkumar Khanna's resignation as Chairman.

Key Highlights

  • Approved audited financial results for the year ended March 31, 2026.
  • Recommended a final dividend of ₹0.90 per share.
  • Re-appointed Mr. Uddhav Kejriwal as Whole-time Director for 5 years.
  • Revised Mrs. Priya Manjari Todi's tenure as Whole-time Director to 5 years.
  • Re-constituted the Nomination and Remuneration Committee.