StockWatch
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Castings & Forgings
Quarterly Result29 May 2026, 12:25 am

517449 Approves FY26 Results, Recommends ₹5 Dividend

AI Summary

The Board of Directors of 517449 approved the audited financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of ₹5 per equity share (50%) for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The Board also approved the re-appointment of N. Krishnasamaraj as Managing Director and M. Malmarugan as Whole Time Director for a further five years. Additionally, the re-appointment of J. Vijayakumar as Non-Executive Director and M/s. VKS Aiyer &Co as Statutory Auditors for a second term was recommended. The 36th Annual General Meeting is scheduled for September 9, 2026.

Key Highlights

  • Board approved audited financial results for Q4 and full year ended March 31, 2026.
  • Recommended a final dividend of ₹5 per equity share (50%) for FY26.
  • Re-appointed N. Krishnasamaraj as MD and M. Malmarugan as WTD for 5 years.
  • Recommended re-appointment of M/s. VKS Aiyer &Co as Statutory Auditors.
  • 36th Annual General Meeting to be held on September 9, 2026.