StockWatch
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Industrial Products
Board Meeting18 May 2026, 06:21 pm

HLE Glascoat Approves 55% Dividend for FY26

AI Summary

HLE Glascoat Ltd's board meeting on May 18, 2026, approved and took on record the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of 55% (₹1.10 per share) for FY26, subject to shareholder approval. Additionally, the re-appointment of M/s. CNK & Associates LLP and M/s. AKMK & Associates as Internal Auditors, and M/s. Nanty Shah & Associates as Cost Auditors for FY27 were approved. The notice for the 35th AGM was also approved, with authorization given to Executive Directors to decide on the AGM's specifics.

Key Highlights

  • Audited financial results for FY26 were approved and recorded.
  • Final dividend of 55% (₹1.10 per share) recommended for FY26.
  • Internal and Cost Auditors re-appointed for the financial year 2026-27.
  • Notice for the 35th AGM approved with authorization to Executive Directors.