Board Meeting23 Apr 2026, 07:31 am
Sarla Fibers: Buyback Deferred, ₹2 Dividend Recommended
AI Summary
Sarla Performance Fibers Ltd's board has deferred the buyback proposal for further evaluation. The board approved audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹2 per equity share, subject to shareholder approval. Promoters will waive their rights to the dividend. The auditors issued a qualified opinion on both standalone and consolidated financial statements related to the sale of preference shares in Sarla Flex Inc.
Key Highlights
- Buyback of equity shares deferred for further evaluation.
- Final dividend of ₹2 per share recommended, subject to approval.
- Audited financial results for FY26 approved by the board.
- Qualified audit opinion issued on standalone and consolidated statements.
- Promoters to waive rights to receive the dividend.
Price Impact
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