StockWatch
·
Iron & Steel
Quarterly Result14 May 2026, 07:01 pm

Mukand Ltd: FY26 Dividend of ₹3/Share & ₹160 Cr Investment

AI Summary

Mukand Ltd's board approved the standalone and consolidated audited financial results for the year ended March 31, 2026. They recommended a dividend of ₹3 per equity share, including a special payout of Re. 1 to celebrate 100 years of the Bajaj Group, and a dividend on preference shares. Additionally, the board approved an investment of up to ₹160 crore into Mukand Heavy Engineering Limited, a wholly-owned subsidiary. Auditors gave an unmodified opinion on the financial results.

Key Highlights

  • Mukand Ltd approved FY26 audited financial results.
  • Dividend of ₹3 per equity share recommended, including a special payout of Re. 1.
  • Approved investment of up to ₹160 crore in Mukand Heavy Engineering Limited.
  • Auditors issued an unmodified opinion on the financial results.