Quarterly Result6 May 2026, 01:22 pm
Garware Hi-Tech Films: FY26 Results, ₹12 Dividend
AI Summary
Garware Hi-Tech Films Ltd approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board recommended a dividend of ₹12 per equity share (120%) for FY26, subject to shareholder approval. A new lamination line with a capacity of 1200 LSF/P.A. at Waluj, Chhatrapati Sambhaji Nagar, Maharashtra, with a project amount of ₹191 Crores plus applicable taxes was approved. Additionally, there were key management and auditor appointments.
Key Highlights
- Audited financial results for Q4 and FY26 approved with unmodified audit opinions.
- Dividend of ₹12 per share (120%) recommended for FY26, pending shareholder approval.
- New lamination line (SCF) approved with a capacity of 1200 LSF/P.A. and project cost of ₹191 Crores.
- Deloitte Touche Tohmatsu India LLP re-appointed as Internal Auditor for FY27.
- Sonali Rajesh Mehta appointed as Additional Independent Director.