
Landmark Cars: Audited Results Approved; Dividend of ₹1.50 Recommended
Landmark Cars Ltd. announced the approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, following a Board Meeting held on May 26, 2026. The Board also recommended a final dividend of 30% (₹1.50 per share) for FY26, subject to shareholder approval. Additionally, the Board approved the amalgamation scheme between Landmark Cars Limited and its wholly-owned subsidiary, Landmark Cars (East) Private Limited, pending regulatory approvals. Ernst & Young LLP was appointed as the Internal Auditor for FY27, and 37,000 stock options were granted to eligible employees under the ESOP plan. The reclassification of Ms. Spruha Mehta from the promoter group to the public category was also approved, subject to stock exchange approvals.
Key Highlights
- Audited standalone and consolidated financial results for FY26 approved.
- Final dividend of ₹1.50 per share (30%) recommended for FY26.
- Amalgamation scheme with Landmark Cars (East) Private Limited approved.
- Ernst & Young LLP appointed as Internal Auditor for FY27.
- 37,000 stock options granted to eligible employees under ESOP 2023.
Price Impact
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