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Quarterly Result21 May 2026, 07:41 pm

Sharda Motor: Board Recommends ₹20 Dividend, FY26 Results

AI Summary

Sharda Motor Industries Ltd's board meeting on May 21, 2026, approved audited financial statements for the year ended March 31, 2026, and recommended a final dividend of ₹20 per equity share (1000% of face value). The company does not fall under the Large Corporate category as per SEBI guidelines. Auditors issued an unmodified opinion on the financial results.

Key Highlights

  • Audited FY26 standalone and consolidated financial results approved.
  • Final dividend of ₹20 per share recommended, subject to shareholder approval.
  • Company does not qualify as a Large Corporate as per SEBI circular.
  • Statutory auditors issued an unmodified opinion on financial results.
  • Outstanding long-term borrowings are Nil at the start and end of FY26.