StockWatch
·
Board Meeting17 Sept 2026, 09:00 pm

Skyways Air Services declares interim dividend of ₹0.25/share

AI Summary

Skyways Air Services Limited announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved an interim dividend of INR 0.25 per equity share for FY26-27, with October 9, 2026, set as the record date. The company also plans to establish overseas offices/subsidiaries in China, Malaysia, Indonesia, Singapore, and the Philippines with an investment not exceeding INR 30 Crore. Additionally, an incremental investment of up to INR 20 Crore will be made in existing overseas subsidiaries. Mr. Yashpal Sharma was appointed CEO, and Ms. Akshita Sehgal was promoted to Assistant General Manager.

Key Highlights

  • Unaudited financial results for Q1 FY27 declared.
  • First interim dividend of INR 0.25 per share declared.
  • Plans to set up overseas offices and subsidiaries.
  • Aggregate investment not exceeding INR 30 Crore planned.
  • Yashpal Sharma appointed CEO; Akshita Sehgal promoted.