StockWatch
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Other Textile Products
Board Meeting20 May 2026, 05:11 pm

Garware Technical Fibres: FY26 Final Dividend ₹1/Share

AI Summary

Garware Technical Fibres Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of ₹1 per share (10%) for FY26, subject to shareholder approval at the AGM. This is in addition to the interim dividend of ₹8 per share (80%). The board also approved the re-appointment of Mr. V. R. Garware as Chairman and Managing Director for five years, the re-appointment of Dr. Shridhar Shrikrishna Rajpathak as an Independent Director for a second term of five years, and the continuation of Mr. A. S. Wagle as a Non-Executive Independent Director. Ms. Poonam Gupta was appointed as Chief Human Resource Officer.

Key Highlights

  • Final dividend of ₹1 per share (10%) recommended for FY26.
  • V. R. Garware re-appointed as Chairman and Managing Director.
  • Shridhar Shrikrishna Rajpathak re-appointed as Independent Director.
  • A. S. Wagle to continue as Non-Executive Independent Director.
  • Poonam Gupta appointed as Chief Human Resource Officer.