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Print Media
Board Meeting5 Aug 2026, 07:20 pm

Sandesh Ltd Board Approves Q1 FY27 Results, Dividend Record Date, and Amalgamation Scheme

AI Summary

Sandesh Ltd's Board of Directors, in a meeting held on August 5, 2026, approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The board also fixed August 14, 2026, as the record date for a final dividend of ₹5.00 per equity share for FY 2025-26, subject to shareholder approval. Additionally, the board approved the continuation of Smt. Pannaben F. Patel as Non-Executive Director post-75 years, pending shareholder consent. A significant decision was the approval of a Scheme of Amalgamation for Sandesh Digital Private Limited into The Sandesh Limited, subject to regulatory and shareholder approvals. As Sandesh Digital is a wholly-owned subsidiary, no new shares will be issued.

Key Highlights

  • Approved Q1 FY27 unaudited financial results.
  • Fixed August 14, 2026, as record date for ₹5 final dividend.
  • Approved amalgamation of subsidiary Sandesh Digital.
  • Approved continuation of Non-Executive Director post-75 years.
  • Scheme of Amalgamation subject to regulatory approvals.