Board Meeting21 May 2026, 02:30 pm
Indo Borax Declares ₹30 Dividend; Auditor Appointments
AI Summary
Indo Borax & Chemicals Ltd's board meeting on May 21, 2026, approved a special dividend of ₹30 per equity share (face value ₹1) for FY 2025-26, subject to shareholder approval. They appointed Shah Kapadia & Associates as Internal Auditor for FY 2026-27 and re-appointed V. B. Modi & Associates as Cost Auditor for FY 2026-27, pending shareholder ratification. The Nomination and Remuneration Committee was also re-constituted.
Key Highlights
- Special dividend of ₹30 per share (3000%) declared for FY 2025-26, pending shareholder approval.
- Shah Kapadia & Associates appointed as Internal Auditor for FY 2026-27.
- V. B. Modi & Associates re-appointed as Cost Auditor for FY 2026-27, subject to shareholder ratification.
- Nomination and Remuneration Committee re-constituted with Ms. Prajnaparamita Sarkar as Chairperson.
Price Impact
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