
Dividend14 May 2026, 02:27 pm
Simmonds Marshall Recommends Final Dividend of ₹0.80 Per Share
AI Summary
The Board of Directors of Simmonds Marshall Ltd, in its meeting held on May 14, 2026, recommended a final dividend of ₹0.80 per share, subject to the approval of the members at the upcoming 66th Annual General Meeting. The dividend is based on a face value of ₹2 per share, representing 40% of the face value. The board also approved the audited financial results for the quarter and year ended March 31, 2026, and re-appointed M/s. Kirtane & Pandit LLP as the Internal Auditors for FY 2026-27.
Key Highlights
- Simmonds Marshall recommends a final dividend of ₹0.80 per share.
- Dividend is subject to member approval at the 66th AGM.
- Audited financial results for FY26 were approved by the board.
- Kirtane & Pandit LLP re-appointed as Internal Auditors for FY 2026-27.
- Meeting concluded at 2:00 PM after commencing at 12:15 PM.
Price Impact
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