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