StockWatch
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Electrodes & Refractories
Quarterly Result31 May 2026, 10:04 pm

509488 Approves FY26 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, with an unmodified opinion from the Statutory Auditors. The Board also recommended a dividend of ₹7 per equity share (Face Value ₹2 each), subject to shareholder approval at the 51st AGM. Additionally, Mrs. Sudha Krishnan was approved for re-appointment 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

  • Audited Standalone and Consolidated Financial Results for FY26 approved.
  • Statutory Auditors issued an unmodified opinion on financial statements.
  • Board recommended a dividend of ₹7 per equity share for FY26.
  • Mrs. Sudha Krishnan re-appointed as Independent Director for five years.