StockWatch
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Iron & Steel Products
Dividend22 May 2026, 07:21 pm

Maharashtra Seamless: Dividend of ₹10/Share Approved

AI Summary

The Board of Directors of Maharashtra Seamless Ltd approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. They recommended a dividend of ₹10.00 (200%) per equity share of ₹5 each for FY 2025-26, subject to member approval. The board also approved shifting the registered office from Maharashtra to Haryana, pending shareholder and government approvals. Additionally, M/s R. J. Goel & Co. were appointed as Cost Auditors for FY 2026-27.

Key Highlights

  • Audited financial results for Q4 and FY26 were approved.
  • Dividend of ₹10 per share (200%) recommended for FY26.
  • Registered office relocation from Maharashtra to Haryana approved, subject to approvals.
  • M/s R. J. Goel & Co. appointed as Cost Auditors for FY27.