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Dividend5 Sept 2026, 01:31 pm

New Swan Multitech Recommends 5% Final Dividend

AI Summary

New Swan Multitech Ltd's Board of Directors has recommended a final dividend of 5%, or ₹0.50 per equity share of face value ₹10. This recommendation is subject to shareholder approval at the upcoming 12th Annual General Meeting (AGM) scheduled for September 30, 2026. The company also set September 23, 2026, as the record date for dividend eligibility and voting. Other key decisions include the appointment of M/s M.G. Jindal & Associates as scrutinizers, the re-appointment of Mr. Barunpreet Singh Ahuja as Whole-Time Director, and the appointment of M/s. N C L S & Associates as Internal Auditors. Amendments to the Articles of Association and entering into material related party transactions were also approved, pending shareholder consent.

Key Highlights

  • Board recommends a final dividend of 5% (₹0.50 per share).
  • AGM scheduled for September 30, 2026, for shareholder approval.
  • Record date for dividend and voting set as September 23, 2026.
  • Director re-appointment and internal auditor appointment approved.
  • Amendments to AoA and related party transactions require shareholder nod.