
Dividend20 May 2026, 05:51 pm
Garware Technical Fibres Recommends ₹1 Dividend; Reappoints MD
AI Summary
Garware Technical Fibres Ltd's board approved audited 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. This is in addition to an 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 and the re-appointment of Dr. Shridhar Shrikrishna Rajpathak as a non-executive Independent Director for a second term of five years. Additionally, 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.
- Poonam Gupta appointed as Chief Human Resource Officer.
- Audited financial results for quarter and year ended March 31, 2026 approved.
Price Impact
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