508486 Approves Q4/FY26 Results, Recommends ₹140 Dividend, Director Changes
The Board of Directors of 508486 approved the audited financial results for the quarter and year ended March 31, 2026. The Board recommended a dividend of ₹140 per equity share (face value ₹10) for the financial year ended March 31, 2026, subject to shareholder approval at the 66th Annual General Meeting (AGM). The AGM is scheduled for Wednesday, July 29, 2026, with the dividend to be paid by August 28, 2026. The Register of Members will be closed from July 23 to July 29, 2026. Additionally, the Board recommended the re-appointment of Mr. Tej Paul Sharma and Mr. Neil Vasudeva as Wholetime Directors, and Mr. Murli Aildas Teckchandani as an Independent Director. Ms. Vini Mahajan was also recommended for appointment as an Independent Director. The company's statutory auditors, Kalyaniwalla & Mistry LLP, issued an unmodified opinion on the financial results.
Key Highlights
- Board approved audited financial results for Q4 and FY ended March 31, 2026.
- Recommended a dividend of ₹140 per equity share for FY26, subject to AGM approval.
- 66th Annual General Meeting set for July 29, 2026; dividend payment by August 28.
- Approved re-appointment of two Wholetime and one Independent Director.
- Recommended appointment of Ms. Vini Mahajan as a new Independent Director.
Price Impact
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