StockWatch
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Industrial Products
Dividend29 May 2026, 06:12 pm

Everest Kanto Cylinder: Final Dividend of ₹0.70 Recommended

AI Summary

Everest Kanto Cylinder Ltd's Board approved audited financial statements (standalone and consolidated) for the year ended March 31, 2026. A final dividend of ₹0.70 per share (35% on face value of ₹2) was recommended, subject to shareholder approval. Mr. N. P. Gupta was appointed as CEO, effective July 1, 2026. The Statutory Auditors, M/s. Suresh Surana & Associates LLP, issued unmodified audit reports. The board meeting commenced at 2:00 p.m. and concluded at 4:21 p.m.

Key Highlights

  • Audited financial statements (standalone and consolidated) approved for FY26.
  • Final dividend of ₹0.70 per share recommended for FY26.
  • N. P. Gupta appointed as CEO, effective July 1, 2026.
  • Auditors issued unmodified opinion on financial results.
  • Meeting commenced at 2:00 p.m. and concluded at 4:21 p.m.