
Board approves FY26 results, recommends ₹5/share dividend
The Board of Directors approved the audited financial results for the quarter and fiscal year ended March 31, 2026. Concurrently, they recommended a final dividend of ₹5 per equity share (50%) for FY26, pending shareholder approval at the 36th Annual General Meeting (AGM) scheduled for September 9, 2026. Key management re-appointments were also approved, including Sri. N. Krishnasamaraj as Managing Director and Sri. M. Malmarugan as Whole Time Director for five-year terms, and the continuation of Sri. J. Vijayakumar as Non-Executive Director. The re-appointment of M/s. VKS Aiyer &Co as Statutory Auditors for a second term was also approved. The record date for dividend eligibility is September 2, 2026.
Key Highlights
- Board approved audited financial results for Q4 and FY ended March 31, 2026.
- Recommended a final dividend of ₹5 per share (50%) for FY26.
- Key management personnel re-appointed for five-year terms.
- Statutory Auditors re-appointed for a second five-year term.
- 36th AGM scheduled for Sep 9, 2026; dividend record date Sep 2, 2026.
Price Impact
More from MAGNAELQ