StockWatch
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Other Electrical Equipment
Dividend5 May 2026, 05:11 pm

Shilchar Tech Recommends ₹12.50 Dividend for FY26

AI Summary

Shilchar Technologies Ltd's board recommended a final dividend of 125% (₹12.50 per share) for FY 2025-2026, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the re-appointment of Mr. Aashay Alay Shah as Whole Time Director from November 1, 2026, to October 31, 2031, also subject to shareholder approval. The decisions were made during the board meeting held on May 5, 2026, where the audited financial results for the quarter and financial year ended March 31, 2026, were also approved.

Key Highlights

  • Final dividend of ₹12.50 per share (125%) recommended for FY26.
  • Dividend is subject to shareholder approval at the AGM.
  • Aashay Alay Shah re-appointed as Whole Time Director, effective Nov 1, 2026.
  • Audited financial results for FY26 approved with unmodified opinion.