StockWatch
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Iron & Steel
Board Meeting8 May 2026, 03:33 pm

Kalyani Steels: FY26 Dividend ₹10/Share, Joshipura Appointed Director

AI Summary

Kalyani Steels Ltd's board has approved the audited financial results for FY26, recommending a dividend of ₹10 per share (200%) subject to member approval. Mr. Shishir Joshipura is appointed as an Additional Independent Director for a 4-year term, and Mr. Bantu Upendra Kumar Patro is appointed as Chief Financial Officer effective May 9, 2026. The Board meeting concluded at 3.10 p.m.

Key Highlights

  • Kalyani Steels recommends a dividend of ₹10 per share (200%) for FY26.
  • Shishir Joshipura appointed as Additional Independent Director effective May 8, 2026, for 4 years.
  • Bantu Upendra Kumar Patro appointed as Chief Financial Officer effective May 9, 2026.
  • FY26 Revenue from Operations stood at ₹18,456.07 Million.
  • FY26 Profit after tax is ₹2,551.37 Million.