StockWatch
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Compressors- Pumps & Diesel Engines
Board Meeting7 May 2026, 10:41 pm

Shakti Pumps: Board Approves FY26 Results, ₹1 Dividend

AI Summary

Shakti Pumps India Ltd's board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. They recommended a final dividend of ₹1 per equity share (10%) subject to shareholder approval. The board also approved the re-appointment of Mr. Dinesh Patidar as Chairman cum Whole-time Director and Mr. Ramesh Patidar as Managing Director, both for a further term of 3 years, subject to shareholder approval. The 31st Annual General Meeting will be held on August 5, 2026, via video conferencing.

Key Highlights

  • Approved audited financial results for FY26.
  • Recommended a final dividend of ₹1 per share.
  • AGM scheduled for August 5, 2026, via video conference.
  • Re-appointed Dinesh Patidar as Chairman and Ramesh Patidar as Managing Director.
  • Approved Board Report, Corporate Governance Report, and other reports for FY26.