
Dividend27 May 2026, 05:41 pm
Shiva Mills: No Dividend for FY26
AI Summary
Shiva Mills Ltd's Board of Directors, in a meeting held on May 27, 2026, did not recommend any dividend for the financial year 2025-26. The board approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion from the statutory auditors, M/s. VKS Aiyer & Co. The board also approved the appointment of Sri M Nagarajan as Cost Auditor and M/s B M & Associates as Internal Auditors for FY 2026-27. Additionally, they proposed the appointment of M/s CSR & Co. as Statutory Auditors for a 5-year term, subject to member approval.
Key Highlights
- No dividend recommended for the financial year 2025-26.
- Audited financial results for FY26 approved with an unmodified audit opinion.
- Sri M Nagarajan appointed as Cost Auditor for FY27.
- M/s B M & Associates appointed as Internal Auditors for FY27.
- M/s CSR & Co. proposed as Statutory Auditors for 5 years, subject to approval.
Price Impact
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