StockWatch
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Other Textile Products
Board Meeting27 May 2026, 02:14 pm

Shiva Texyarn: Gopalakrishnan COO, Dividend ₹3/Share

AI Summary

Shiva Texyarn Ltd. announced 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. The Board approved the audited financial results for the year ended March 31, 2026, and recommended a dividend of ₹3 per share (6%) subject to shareholder approval. Other approvals include amendments to the Memorandum and Articles of Association, and the appointment of Sri M Nagarajan as Cost Auditor for FY 2026-27.

Key Highlights

  • Sri M Gopalakrishnan elevated to COO (Lamination Division) w.e.f. 27.05.2026.
  • Sri G K Raman appointed as President - Strategic Affairs w.e.f. 27.05.2026.
  • Recommended dividend of ₹3 per share (6%) for FY 2025-26, pending shareholder approval.
  • Audited financial results for the year ended 31.03.2026 approved.
  • Sri M Nagarajan appointed as Cost Auditor for FY 2026-27, subject to ratification.