Mamata Machinery Recommends 5% Dividend for FY26

Mamata Machinery Ltd's Board of Directors has recommended a dividend of 5% (₹0.5 per share) for the financial year ended March 31, 2026. The recommendation is subject to shareholder approval at the upcoming Annual General Meeting. The board meeting also noted the retirement of CEO Mr. Apurva N. Kane effective September 30, 2026, and approved the appointment of Mr. Rajashekar Venkat as the new CEO from October 1, 2026. Additionally, M/s. C. B. Modh & Co. were appointed as Cost Auditors and M/s. Desai & Desai as Internal Auditors for the company.