StockWatch
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Specialty Chemicals
Board Meeting27 May 2026, 08:01 pm

Nikhil Adhesives: Director Re-appointments, ₹0.22 Dividend

AI Summary

Nikhil Adhesives Ltd. announced the re-appointment of Mr. Tarak Jayantilal Sanghavi, Mr. Rajendra J. Sanghavi, and Mr. Umesh J. Sanghavi as Whole Time Directors and Managing Director for a term of 3 years. The board also approved a dividend of ₹0.22 per equity share, subject to shareholder approval. M/s. BD G & Co., LLP and M/s. B. F. Modi & Associates were re-appointed as Internal Auditors and Cost Auditors, respectively, for FY 2026-27. The decisions were made during the board meeting held on May 27, 2026.

Key Highlights

  • Tarak Jayantilal Sanghavi re-appointed as Whole Time Director for 3 years.
  • Rajendra J. Sanghavi re-appointed as Whole Time Director for 3 years.
  • Umesh J. Sanghavi re-appointed as Chairman and Managing Director for 3 years.
  • Dividend of ₹0.22 per share approved, pending shareholder approval.
  • BD G & Co., LLP re-appointed as Internal Auditors for FY 2026-27.