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Other Textile Products
Board Meeting27 May 2026, 01:56 pm

Shiva Texyarn Approves FY26 Audited Results, ₹3 Dividend

AI Summary

Shiva Texyarn Ltd's board approved the audited financial results (standalone & consolidated) for the year ended March 31, 2026. They recommended a dividend of ₹3 per share (6%) for FY26, subject to shareholder approval. Sri M Gopalakrishnan was appointed as Chief Operating Officer (Lamination Division), and Sri G K Raman as President - Strategic Affairs, both effective May 27, 2026. The board also approved amendments to the Memorandum and Articles of Association, and appointed Sri M Nagarajan as Cost Auditor for FY27, all subject to shareholder approvals. The auditors issued an unmodified opinion on the financial results.

Key Highlights

  • Audited financial results (standalone & consolidated) for FY26 approved.
  • Dividend of ₹3 per share (6%) recommended for FY26.
  • M Gopalakrishnan appointed COO (Lamination Division).
  • G K Raman appointed President - Strategic Affairs.
  • M Nagarajan appointed as Cost Auditor for FY27.