Board Meeting27 May 2026, 02:03 pm
Shiva Texyarn Approves Audited Financial Results for FY26
AI Summary
Shiva Texyarn Ltd. has approved the audited standalone and consolidated financial results for the year ended March 31, 2026, in a board meeting held on May 27, 2026. The board recommended a dividend of ₹0.30 per share (6%) for FY26, subject to shareholder approval. Additionally, Sri M Gopalakrishnan was appointed as Chief Operating Officer (Lamination Division), and Sri G K Raman was appointed as President - Strategic Affairs, both effective May 27, 2026. The board also approved amendments to the Memorandum and Articles of Association, subject to shareholder approval, and appointed Sri M Nagarajan as Cost Auditor for FY27, pending ratification of remuneration by shareholders.
Key Highlights
- Audited financial results (standalone & consolidated) for FY26 approved.
- Dividend of ₹0.30 per share (6%) recommended for FY26, pending shareholder approval.
- Sri M Gopalakrishnan appointed as Chief Operating Officer (Lamination Division).
- Sri G K Raman appointed as President - Strategic Affairs.
- Amendment to Memorandum and Articles of Association approved, subject to shareholder approval.
Price Impact
More from SHIVTEX