StockWatch
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Computers - Software & Consulting
Board Meeting2 Sept 2026, 06:41 pm

Focus Business Solution Board Approves Dividend, Auditor Appointment

AI Summary

Focus Business Solution Ltd's Board of Directors met on September 2, 2026, approving several key items. The board recommended a final dividend of ₹0.10 per equity share for FY26, setting September 18, 2026, as the record date. They also approved the reappointment of Mr. Mohamedyaseen Muhammadbhai Nathani as Chairman and Managing Director and Mr. Mohamedamin Mohammad Nathani as Whole Time Director, along with their remuneration. M/s PSSP & Co. Chartered Accountants were appointed as statutory auditors for a five-year term, and M/s. JDM and Associates LLP as secretarial auditors. The board also approved alterations to the Memorandum of Association to include new business areas like textiles, hospitality, and property development.

Key Highlights

  • Recommended final dividend of ₹0.10 per share for FY26.
  • Record date for dividend payment set as September 18, 2026.
  • Approved reappointment of Chairman & MD and Whole Time Director.
  • Appointed PSSP & Co. as statutory auditors for five years.
  • Expanded MOA to include textiles, hospitality, and property development.