Dividend27 May 2026, 06:51 pm
Elgi Equipments: Final Dividend of ₹2.70 Recommended
AI Summary
Elgi Equipments Ltd's board approved a final dividend of ₹2.70 per equity share for FY26, subject to shareholder approval at the AGM on August 14, 2026. The record date for dividend entitlement is July 17, 2026. The board also approved the appointment of Padmaja Alaganandan and Varun Jay Varadaraj as Additional Directors, and the reappointment of Anvar Jay Varadaraj as Executive Director. Additionally, M/s. STR & Associates were appointed as Cost Auditors for FY27, and the board intends to recommend M/s B S R & Co. LLP as Statutory Auditors from the 67th AGM until the 72nd AGM, subject to shareholder approval.
Key Highlights
- Final dividend of ₹2.70 per share recommended for FY26, pending shareholder approval.
- Record date for dividend eligibility is set as July 17, 2026.
- Padmaja Alaganandan appointed as Non-Executive Independent Director.
- Varun Jay Varadaraj appointed as Non-Executive Non-Independent Director.
- Anvar Jay Varadaraj re-appointed as Executive Director for 5 years.
Price Impact
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