StockWatch
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Explosives
Board Meeting15 May 2026, 02:33 pm

Solar Industries Approves FY26 Results, ₹11 Dividend

AI Summary

Solar Industries India Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of ₹11 per equity share (550% on face value of ₹2 each) for FY26, subject to shareholder approval. The board also approved the re-appointment of Shri Milind Deshmukh as Executive Director for three years and the appointment of Smt. Reena Jha Tripathi as an Additional (Non-Executive Independent) Director for five years, both subject to shareholder approval. The AGM will be held on August 11, 2026, via video conferencing, with a record date of July 28, 2026.

Key Highlights

  • Audited financial results (consolidated and standalone) for FY26 approved.
  • Final dividend of ₹11 per share (550%) recommended for FY26.
  • Milind Deshmukh re-appointed as Executive Director for three years.
  • Reena Jha Tripathi appointed as Additional (Non-Executive Independent) Director for five years.
  • AGM scheduled for August 11, 2026, with record date fixed as July 28, 2026.