Dividend22 May 2026, 07:21 pm
Industrial & Prudential: ₹120 Dividend Recommended
AI Summary
Industrial & Prudential Investment Company Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They recommended a dividend of ₹120 (1200%) per equity share of face value ₹10, subject to shareholder approval. Mrs. Sanjukta Majumdar was appointed as the Internal Auditor for FY 2026-27. The board also approved the continuation of Mr. Gaurav Swarup as Chairman & Managing Director beyond the age of 70, subject to member approval.
Key Highlights
- Audited financial results for the quarter and year ended March 31, 2026, approved.
- Dividend of ₹120 (1200%) per share recommended for FY26.
- Sanjukta Majumdar appointed as Internal Auditor for FY 2026-27.
- Gaurav Swarup's tenure as Chairman & MD extended beyond 70, subject to approval.
Price Impact
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