Dividend18 May 2026, 06:21 pm
GNFC Recommends ₹21 Dividend, Appoints B S R as Auditor
AI Summary
Gujarat Narmada Valley Fertilizers & Chemicals Ltd's board recommended a dividend of ₹21 per equity share (210%) for FY26, subject to shareholder approval. The board also approved audited standalone and consolidated financial results for Q4 and FY26 with an unmodified opinion from auditors Suresh Surana & Associates LLP. Additionally, M/s. B S R and Co. was appointed as the statutory auditors for a five-year term, pending shareholder approval at the upcoming AGM.
Key Highlights
- GNFC recommends a dividend of ₹21 per share (210%) for FY26.
- Audited financial results for Q4 and FY26 approved with unmodified auditor opinion.
- B S R and Co. appointed as statutory auditors for five years, subject to AGM approval.
- FY26 Revenue from operations is ₹7,773 Crores.
- FY26 Net Profit after tax is ₹797 Crores.
Price Impact
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