
Board Meeting30 Apr 2026, 06:52 pm
GAVL Board approves FY26 results, recommends ₹11/share dividend
AI Summary
Godrej Agrovet Ltd's Board of Directors, at its meeting on April 30, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, with an unmodified auditor's opinion. The Board recommended a final dividend of 110% (₹11 per equity share of ₹10 face value) for FY2025-26, pending shareholder approval. Additionally, the company allotted 30,973 equity shares under the Employees Stock Grant Scheme 2018 (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 under ESGS 2018.
Key Highlights
- Board approved audited financial results for Q4 and FY26.
- Recommended a final dividend of ₹11 per equity share for FY26.
- Allotted 30,973 equity shares under ESGS 2018.
- Granted 50,507 new stock options to eligible employees.
- Noted lapse of 7,518 stock options due to cessation of employment.
Price Impact
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