StockWatch
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Cement & Cement Products
Board Meeting28 Apr 2026, 09:03 pm

Orient Cement Board approves FY26 results, recommends ₹0.50 dividend

AI Summary

Orient Cement's Board of Directors met on April 28, 2026, approving the audited financial results for the quarter and financial year ended March 31, 2026, with an unmodified opinion from statutory auditors. The Board recommended a dividend of ₹0.50 per equity share (50%) for FY 2025-26, subject to shareholder approval at the 15th Annual General Meeting on June 26, 2026. The record date for the dividend is June 12, 2026, with payment on or after July 1, 2026. Additionally, M/s. P.M. Nanabhoy & Co. were appointed as Cost Auditors for FY 2026-27, and M/s. Grant Thornton Bharat LLP as Internal Auditors, replacing Mr. Shobhit Dwivedi due to organizational restructuring.

Key Highlights

  • Board approved audited financial results for Q4 and FY26.
  • Recommended ₹0.50 per share dividend for FY26.
  • AGM scheduled for June 26, 2026, to approve dividend.
  • P.M. Nanabhoy & Co. appointed as Cost Auditors for FY27.
  • Grant Thornton Bharat LLP appointed as new Internal Auditor.