Board Meeting14 Aug 2026, 10:40 pm
Kingfa India Appoints New Chairman & MD, Approves Dividend
AI Summary
Kingfa Science & Technology (India) Ltd announced significant management changes and financial decisions following a Board Meeting on August 14, 2026. Mr. Wang Dazhong has been appointed as the new Chairman and Managing Director for a three-year term, succeeding Mr. Bo Jingen. Mr. Sethuraman Shangmugasundaram was appointed as Whole Time Director. The Board also approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2026, and recommended a final dividend of ₹20 per equity share for FY 2025-26, subject to shareholder approval. The record date for the dividend is set as September 21, 2026.
Key Highlights
- New Chairman & MD, Mr. Wang Dazhong, appointed for a 3-year term.
- Final dividend of ₹20 per share recommended for FY 2025-26.
- Unaudited standalone financial results for Q1 FY27 approved.
- Record date for dividend set as September 21, 2026.
- Mr. Bo Jingen resigns as Chairman & Managing Director.
Price Impact
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