StockWatch
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Electrodes & Refractories
Quarterly Result28 May 2026, 07:43 pm

509488 Approves FY26 Audited Results, Recommends 7 Dividend

AI Summary

The Board of Directors of 509488 approved the Audited Standalone and Consolidated Financial Results for the year ended March 31, 2026, following review by the Audit Committee. The Statutory Auditors issued an unmodified opinion. The Board also recommended a dividend of 7 per equity share (face value 2 each) for the 195,375,594 equity shares, subject to shareholder approval at the 51st AGM. Additionally, Mrs. Sudha Krishnan was re-appointed as a Non-Executive Independent Director for a second consecutive term of five years, effective December 1, 2026, also subject to shareholder approval.

Key Highlights

  • Board approved Audited Standalone and Consolidated Financial Results for FY2026.
  • Recommended a dividend of 7 per equity share, subject to AGM approval.
  • Auditors issued an unmodified opinion on financial statements.
  • Mrs. Sudha Krishnan re-appointed as Independent Director for five years.