StockWatch
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Fertilizers
Dividend11 May 2026, 06:51 pm

Paradeep Phosphates Recommends ₹1.50 Dividend for FY26

AI Summary

Paradeep Phosphates Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They recommended a dividend of ₹1.50 per equity share of ₹10 each, subject to shareholder approval. The board also approved the re-appointment of Mrs. Rita Menon as an Independent Director for a second term of three years, effective June 27, 2026, also subject to shareholder approval. The audit reports for FY 2025-26 were issued with an unmodified opinion by BSR & Co. LLP, Statutory Auditors.

Key Highlights

  • Paradeep Phosphates approved audited financial results for FY26.
  • A dividend of ₹1.50 per share was recommended for FY26.
  • Rita Menon re-appointed as Independent Director, subject to approval.
  • Auditors issued unmodified opinion on FY26 financial statements.