Dividend27 May 2026, 02:19 pm
Shiva Texyarn Approves Dividend of ₹0.60 Per Share
AI Summary
Shiva Texyarn Ltd's board approved the audited financial results for the year ended March 31, 2026, and recommended a dividend of ₹0.60 per share (6%) subject to shareholder approval. The board also approved the elevation of Sri M Gopalakrishnan as Chief Operating Officer (Lamination Division) and the appointment of Sri G K Raman as President - Strategic Affairs, both effective May 27, 2026. Additionally, the board approved amendments to the Memorandum and Articles of Association, pending shareholder approval, and appointed Sri M Nagarajan as Cost Auditor for FY 2026-27, subject to ratification by shareholders.
Key Highlights
- Shiva Texyarn approved audited financial results for the year ended March 31, 2026.
- A dividend of ₹0.60 per share (6%) was recommended, pending shareholder approval.
- Sri M Gopalakrishnan appointed as Chief Operating Officer (Lamination Division).
- Sri G K Raman appointed as President - Strategic Affairs.
- Sri M Nagarajan appointed as Cost Auditor for FY 2026-27, subject to ratification.
Price Impact
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