Dividend29 May 2026, 08:31 pm
GOCL Corp Recommends ₹30 Dividend, Approves Land Security
AI Summary
GOCL Corporation Ltd's board approved audited financial results for the year ended March 31, 2026, and recommended a dividend of ₹30 per share (1500%) for FY26. The board also approved the re-appointment of Mr. Ravi Jain as Whole-Time Director & CFO and a proposal for issuing security on land properties for securing loans up to ₹300 crores to be availed by Hinduja Energy (India) Limited. Shareholder approval will be sought for related party transactions.
Key Highlights
- GOCL Corp recommends a dividend of ₹30 per share (1500%) for FY26.
- Ravi Jain re-appointed as Whole-Time Director & CFO, effective July 4, 2026.
- Board approves security on land for loans up to ₹300 Cr to Hinduja Energy.
- Shareholder approval sought for related party transactions with Hinduja Energy.
- Audited financial results (standalone and consolidated) approved for FY26.
Price Impact
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