StockWatch
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Trading & Distributors
Dividend13 May 2026, 06:21 pm

Sicagen India Recommends 10% Dividend for FY26

AI Summary

The Board of Directors of Sicagen India Ltd, in its meeting held on May 13, 2026, recommended an equity dividend of 10% (₹1.00 per share) on the equity capital for the financial year 2025-26, subject to shareholder approval. The board also approved the audited financial results for the quarter and year ended March 31, 2026. Additionally, Mr. Prasanna Joshi was appointed as an additional director and subsequently as a Whole-time Director, while Mr. Nandakumar Varma resigned from his Whole-Time Directorship. Mr. K R Jaikumar was designated as Senior Management Personnel, and M/s. Venkatesh & Co. were appointed as Internal Auditors.

Key Highlights

  • Sicagen India recommends a 10% equity dividend (₹1.00 per share) for FY26.
  • Audited financial results for Q4 and FY26 were approved by the board.
  • Prasanna Joshi appointed as Additional Director and Whole-time Director.
  • Nandakumar Varma resigned from Whole-Time Directorship.
  • Venkatesh & Co. appointed as Internal Auditors for FY2026-27.