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Quarterly Result20 May 2026, 08:51 pm

Hitech Corp Approves FY26 Results, Recommends ₹1 Dividend

AI Summary

Hitech Corporation Ltd. has approved the audited standalone and consolidated financial statements and results for the fourth quarter and financial year ended March 31, 2026. The board has recommended a dividend of ₹1 per equity share (10%) for FY26, subject to shareholder approval. Additionally, Mr. Malav Dani has been re-appointed as Managing Director for a five-year term commencing August 5, 2026. Mr. Jayendra Shah will retire by rotation at the upcoming AGM.

Key Highlights

  • Audited standalone and consolidated financial results for FY26 approved.
  • Dividend of ₹1 per share (10%) recommended for FY26.
  • Malav Dani re-appointed as Managing Director for five years.
  • Jayendra Shah to retire by rotation at the 35th AGM.
  • Auditors issued unmodified opinions on financial statements.