Dividend20 May 2026, 05:51 pm
Lakshmi Electrical: Dividend of ₹3.00 Recommended
AI Summary
Lakshmi Electrical Control Systems Ltd's board recommended a dividend of ₹3.00 (30%) per equity share for FY26, subject to shareholder approval at the AGM on July 31, 2026. The board also approved the amendment to the Articles of Association and appointed NRD Associates as the new statutory auditors for five years, replacing Subbachar & Srinivasan. Sri. S.Subbaraman was re-appointed as Cost Auditor and Sri V.C.Tirupathi as Internal Auditor for FY27.
Key Highlights
- Dividend of ₹3.00 per share recommended for FY26.
- AGM scheduled for July 31, 2026; record date is July 24, 2026.
- NRD Associates appointed as new statutory auditors for 5 years.
- Amendment to Articles of Association approved, subject to shareholder approval.
Price Impact
More from LAKSELEC