
Board Meeting30 Apr 2026, 06:41 pm
GAVL Board approves FY26 results, recommends ₹11 dividend, and ESOPs
AI Summary
Godrej Agrovet Ltd's Board of Directors, at its meeting on April 30, 2026, approved the Audited Financial Results (Standalone & Consolidated) for the Quarter and Financial Year ended March 31, 2026, noting the unmodified auditor's report. The Board recommended a final dividend of 110% (₹11.00 per equity share of ₹10 face value) for FY 2025-26, pending shareholder approval. Additionally, 30,973 equity shares were allotted under the ESGS 2018, increasing the paid-up share capital. The Board also noted the lapse of 7,518 stock options and approved the grant of 50,507 new stock options to eligible employees under the ESGS 2018 at an exercise price of ₹10 per option.
Key Highlights
- Board approved Audited Financial Results for Q4 and FY ended March 31, 2026.
- Recommended a final dividend of ₹11.00 per share (110%) for FY 2025-26.
- Allotted 30,973 equity shares under ESGS 2018, increasing paid-up capital.
- Granted 50,507 new stock options to employees under ESGS 2018.
Price Impact
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