Dividend27 May 2026, 06:24 pm
Elgi Equipments Recommends ₹2.70 Final Dividend
AI Summary
Elgi Equipments Ltd's board has recommended 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 determining dividend entitlement is July 17, 2026. The board also approved the appointment of Padmaja Alaganandan and Varun Jay Varadaraj as Additional Directors and the re-appointment of Anvar Jay Varadaraj as Executive Director. Additionally, M/s. STR & Associates were appointed as Cost Auditors for FY27, and the intention to appoint M/s B S R & Co. LLP as Statutory Auditors for five years starting from the 67th AGM was approved.
Key Highlights
- Final dividend of ₹2.70 per share recommended for FY26, pending shareholder approval.
- Record date for dividend eligibility is fixed as July 17, 2026.
- Padmaja Alaganandan and Varun Jay Varadaraj appointed as Additional Directors.
- Anvar Jay Varadaraj re-appointed as Executive Director for 5 years.
- M/s B S R & Co. LLP to be appointed Statutory Auditors for 5 years, subject to approval.
Price Impact
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