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Dividend13 May 2026, 06:11 pm

Sicagen India Recommends 10% Dividend for FY26

AI Summary

Sicagen India Ltd's board approved audited financial results for the quarter and year ended March 31, 2026, recommending a 10% equity dividend (₹1 per share) for FY26, subject to shareholder approval. The board also appointed Mr. Prasanna Joshi as an additional director and subsequently as a Whole-time Director, following Mr. Nandakumar Varma's resignation. Additionally, Mr. K R Jaikumar was designated as Senior Management Personnel, while Mr. D. Sivakumar ceased to be at SMP level. M/s. Venkatesh & Co. were appointed as Internal Auditors, and M/s. J. Karthikeyan & Associates were re-appointed as Cost Auditor.

Key Highlights

  • Sicagen India board approved audited financial results for FY26.
  • A 10% equity dividend (₹1 per share) was recommended for FY26.
  • Mr. Prasanna Joshi appointed as Additional and Whole-time Director.
  • Mr. Nandakumar Varma resigned from Whole-Time Directorship.
  • Mr. K R Jaikumar designated as Senior Management Personnel.