StockWatch
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Industrial Products
Board Meeting30 May 2026, 06:40 pm

Gujarat Apollo Recommends ₹2 Dividend, Approves Audited Results

AI Summary

Gujarat Apollo Industries Ltd's board meeting on May 30, 2026, resulted in the recommendation of a ₹2 per equity share dividend (20% of face value) for FY26, pending shareholder approval. The board also approved and adopted the audited financial results and audit report (standalone and consolidated) for the quarter and financial year ended March 31, 2026. Additionally, M/s. S.K Moondra & Co. was appointed as the Internal Auditor for FY27.

Key Highlights

  • Recommended dividend of ₹2 per share (20%) for FY26, subject to shareholder approval.
  • Approved audited financial results (standalone and consolidated) for FY26.
  • Appointed M/s. S.K Moondra & Co. as Internal Auditor for FY27.
  • Board took note of the auditor's unmodified opinion as per SEBI regulations.