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Board Meeting30 May 2026, 07:11 pm

Fiem Industries: Jagjeevan Kumar Jain Named Executive Chairman

AI Summary

Fiem Industries Ltd's board meeting on May 30, 2026, approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹40 per share. Mr. Jagjeevan Kumar Jain was re-designated as Executive Chairman, and Mr. Rahul Jain was re-designated as Managing Director, both effective June 1, 2026, subject to shareholder approval at the upcoming AGM on July 31, 2026. The dividend, if declared, will be paid by August 14, 2026.

Key Highlights

  • Fiem Industries approved audited financial results for FY26.
  • Final dividend of ₹40 per share recommended for FY26.
  • Jagjeevan Kumar Jain appointed Executive Chairman effective June 1, 2026.
  • Rahul Jain appointed Managing Director effective June 1, 2026.
  • AGM scheduled for July 31, 2026.