StockWatch
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Specialty Chemicals
Dividend14 May 2026, 07:52 pm

J.G.Chemicals: Audited Financials for FY26 Approved; 11% Dividend

AI Summary

J.G.Chemicals Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board has recommended a final dividend of 11% at ₹1.10 per equity share of ₹10 each, subject to shareholder approval. Additionally, the board approved the re-appointment of M/s Debabrota Banerjee & Associates, SS Kothari Mehta & Co. LLP, and M/s. S Jaykishan as Cost Auditor, Internal Auditor and Tax Auditor respectively for FY 2026-2027. The company plans to utilize the remaining ₹42.62 million from its IPO proceeds towards funding the R&D center in FY27 due to delays in construction and equipment procurement.

Key Highlights

  • Audited financial results (standalone and consolidated) for FY26 approved.
  • Final dividend of 11% (₹1.10 per share) recommended, subject to shareholder approval.
  • Re-appointment of Cost Auditor, Internal Auditor, and Tax Auditor approved for FY 2026-2027.
  • ₹42.62 million of unutilized IPO proceeds to be used for R&D center in FY27.
  • Auditor's report has an unmodified opinion.