Auditor27 May 2026, 02:17 pm
Shiva Texyarn Appoints M Nagarajan as Cost Auditor
AI Summary
Shiva Texyarn Ltd has appointed Sri M Nagarajan as the Cost Auditor for the financial year 2026-27, subject to shareholder ratification. The Board of Directors also approved the audited financial results for the year ended 31.03.2026, recommended a dividend of ₹3 per share for FY 2025-26, elevated Sri M Gopalakrishnan as Chief Operating Officer (Lamination Division), and appointed Sri G K Raman as President - Strategic Affairs, effective 27.05.2026. Additionally, the board approved amendments to the Object Clause and adoption of new Articles of Association, subject to shareholder approval.
Key Highlights
- Sri M Nagarajan appointed as Cost Auditor for FY 2026-27, pending shareholder approval.
- Dividend of ₹3 per share (6%) recommended for FY 2025-26, subject to shareholder approval.
- Sri M Gopalakrishnan elevated to Chief Operating Officer (Lamination Division).
- Sri G K Raman appointed as President - Strategic Affairs.
- Amendment to Object Clause and adoption of new Articles of Association approved, subject to shareholder approval.
Price Impact
More from SHIVTEX