Quarterly Result29 May 2026, 10:51 pm
Oricon Enterprises Approves FY26 Results, Recommends 10% Dividend
AI Summary
Oricon Enterprises Ltd. announced the approval of audited standalone and consolidated financial statements for the year ended March 31, 2026. The board recommended a dividend of 10% (₹0.20 per share). They also approved the re-classification of certain promoters to the public category, subject to approvals from BSE, NSE, and shareholders. Additionally, the resignation of Independent Director Mr. Sumant Mimani was noted, leading to reconstitution of various board committees.
Key Highlights
- Audited FY26 financial results approved with an unmodified audit opinion.
- Dividend of 10% (₹0.20 per share) recommended for FY26.
- Promoter re-classification to public category approved, subject to regulatory and shareholder approvals.
- Sumant Mimani resigned as Independent Director, effective May 29, 2026.
- Board committees reconstituted following Mr. Mimani's resignation.
Price Impact
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