Quarterly Result11 May 2026, 01:22 pm
Shyam Metalics: FY26 Audited Results, Final Dividend of ₹2.70
AI Summary
Shyam Metalics and Energy Ltd approved audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The board recommended a final dividend of ₹2.70 per equity share (27% of face value of ₹10 each) for FY26, subject to shareholder approval. The company also approved new projects/expansion plans involving a capital expenditure of ₹2,700 crore, to be funded through internal accruals and borrowings. Additionally, Ernst & Young LLP was appointed as the Internal Auditors and BSS & Associates as the Cost Auditors for FY 2026-27.
Key Highlights
- Audited financial results (standalone and consolidated) for Q4 and FY26 approved.
- Final dividend of ₹2.70 per share (27% of face value) recommended for FY26.
- ₹2,700 crore capex approved for new projects and expansion.
- Ernst & Young LLP appointed as Internal Auditors for FY27.
- BSS & Associates appointed as Cost Auditors for FY27.
Price Impact
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