StockWatch
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Castings & Forgings
Quarterly Result29 May 2026, 12:35 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 FY2026, subject to shareholder approval. The board also approved the re-appointment of N. Krishnasamaraj as Managing Director and M. Malmarugan as Whole Time Director for five years, along with the continuation of J. Vijayakumar as Non-Executive Director. Additionally, M/s. VKS Aiyer & Co. were recommended for re-appointment as Statutory Auditors, and M/s. G S N & Associates were appointed as Internal Auditors for FY2026-27. The 36th Annual General Meeting is scheduled for September 9, 2026, with a record date of September 2, 2026, for dividend eligibility and e-voting.

Key Highlights

  • Board approved audited financial results for Q4 and FY2026.
  • Recommended a final dividend of 5 per equity share for FY2026.
  • Approved re-appointment of MD and Whole Time Director for 5 years.
  • Re-appointed Statutory Auditors and appointed Internal Auditors.
  • 36th AGM scheduled for September 9, 2026; fixed dividend record date.