Dividend29 May 2026, 08:52 pm
Kovilpatti Lakshmi Recommends 10% Dividend
AI Summary
Kovilpatti Lakshmi Roller Flour Mills Ltd's board has recommended a dividend of ₹1 per equity share (10% on face value of ₹10), subject to shareholder approval at the upcoming Annual General Meeting. The board also approved audited financial results for the quarter and year ended March 31, 2026, re-appointment of cost and internal auditors, and the re-appointment of Sri. Sharath Jagannathan as Chairman and Managing Director for a further period of 3 years.
Key Highlights
- Board recommends a dividend of ₹1 per share (10%) for FY 2025-26.
- Re-appointment of M/s P Mohan Kumar & Co as Cost Auditor for FY 2026-27 approved.
- M/s BM & Associates re-appointed as Internal Auditors for FY 2026-27.
- Sri. Sharath Jagannathan re-appointed as Chairman and Managing Director for 3 years.
Price Impact
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