Board Meeting19 May 2026, 05:41 pm
Shaily Engineering Recommends ₹3 Dividend, Fundraise Up to ₹500 Cr
AI Summary
Shaily Engineering Plastics Ltd's board approved audited financial results for the year ended March 31, 2026, recommending a final dividend of ₹3 per share. They also approved the appointments of M/s Jain & Hindocha as Internal Auditor and M/s YS Thakar & Co as Cost Auditor for FY 2026-27. Mr. Chi Hung Kam was appointed as Chief Operating Officer – Healthcare and Key Managerial Personnel, effective May 20, 2026. The board passed an enabling resolution to raise funds up to ₹500 Crores through various permissible modes to augment business growth.
Key Highlights
- Final dividend of ₹3 (150%) per share approved for FY26, subject to shareholder approval.
- M/s Jain & Hindocha appointed as Internal Auditor for FY 2026-27.
- M/s YS Thakar & Co appointed as Cost Auditor for FY 2026-27.
- Mr. Chi Hung Kam appointed as Chief Operating Officer – Healthcare and KMP.
- Enabling resolution passed to raise up to ₹500 Cr for business growth.
Price Impact
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