Dividend7 May 2026, 12:53 pm
MRF Recommends Final Dividend of ₹229 Per Share (2290%)
AI Summary
MRF Ltd's Board of Directors, in its meeting on May 7, 2026, recommended a final dividend of ₹229 (2290%) per share of ₹10 each, subject to shareholder approval. The company had already declared two interim dividends of ₹3 (30%) each for FY26, bringing the total dividend for the year to ₹235 (2350%) per share. The board also approved the audited financial results for the year ended March 31, 2026. Additionally, the company announced the resignation of Company Secretary Mr. S Dhanvanth Kumar and the appointment of Mr. Thulsidass T V as the new Company Secretary.
Key Highlights
- MRF recommends a final dividend of ₹229 per share (2290%) for FY26.
- Total dividend for FY26 amounts to ₹235 per share, including interim dividends.
- Mr. S Dhanvanth Kumar resigned as Company Secretary due to health reasons.
- Mr. Thulsidass T V appointed as the new Company Secretary and Compliance Officer.
- Messrs. M M NISSIM & CO LLP re-appointed as Joint Statutory Auditors for 5 years.
Price Impact
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