StockWatch
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Lubricants
Board Meeting24 Jul 2026, 01:57 pm

GP Petroleums Appoints Directors, Approves Dividend and Financials

AI Summary

GP Petroleums Ltd announced board meeting outcomes including the appointment of Mr. Harshavardhan Sinha and Ms. Sandra Martyres as Additional Directors, effective July 24, 2026. The board also approved the Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026, along with a Limited Review Report. A final dividend of ₹0.50 per share (10%) for FY26 was recommended, subject to member approval. The 43rd AGM is scheduled for August 26, 2026, with August 19, 2026, set as the record date for dividend entitlement. Additionally, Mr. Ajay Navaratne was appointed as Senior Management Personnel.

Key Highlights

  • Two new directors appointed: Harshavardhan Sinha and Sandra Martyres.
  • Unaudited financial results for Q1 FY27 approved.
  • Final dividend of 10% recommended for FY26.
  • 43rd AGM scheduled for August 26, 2026.
  • Record date for dividend set as August 19, 2026.