Board approves Q4/FY26 results, ₹140 dividend, and director changes
The Board of Directors of 508486 approved the Audited Financial Results for the quarter and year ended March 31, 2026. They recommended a dividend of ₹140 per equity share for the financial year ended March 31, 2026, which is subject to shareholder approval at the 66th Annual General Meeting (AGM) on July 29, 2026. The dividend is slated for payment by August 28, 2026. Additionally, the Board approved the re-appointment of Mr. Tej Paul Sharma and Mr. Neil Vasudeva as Wholetime Directors for three years, and recommended the re-appointment of Mr. Murli Aildas Teckchandani and appointment of Ms. Vini Mahajan as Independent Directors for five years. The statutory auditors issued an unmodified opinion on the financial results.
Key Highlights
- Board approved audited financial results for Q4 and FY26.
- Recommended ₹140 per equity share dividend for FY26.
- Dividend payment is subject to AGM approval by August 28, 2026.
- Two Wholetime Directors re-appointed for a three-year term.
- Two Independent Directors re-appointed/appointed for five years.
Price Impact
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