Dividend27 May 2026, 02:09 pm
Shiva Texyarn Recommends ₹0.60 Dividend for FY26
AI Summary
Shiva Texyarn Ltd's Board of Directors has recommended a dividend of ₹0.60 per share (face value of ₹10 each) for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the audited financial results for the year ended March 31, 2026. Additionally, Sri M Gopalakrishnan was appointed as Chief Operating Officer (Lamination Division), and Sri G K Raman was appointed as President - Strategic Affairs. The company also proposed amendments to the Object Clause and adoption of new Articles of Association, subject to shareholder approval.
Key Highlights
- Shiva Texyarn recommends a dividend of ₹0.60 per share for FY26.
- Audited financial results for the year ended March 31, 2026, were approved.
- Sri M Gopalakrishnan appointed as 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 proposed.
Price Impact
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