SPIC Recommends 20% Dividend, Appoints New CFO

Southern Petrochemicals Industries Corporation Ltd (SPIC) announced the outcome of its Board Meeting held on May 22, 2026, including the recommendation of a 20% dividend (₹2 per share) for FY26, subject to shareholder approval. The Board also approved the audited financial results for the quarter and year ended March 31, 2026. Additionally, Mr. Narasimhan Raghunathan was appointed as the new Chief Financial Officer (CFO) effective May 23, 2026, while Mr. KR Anandan will continue as Whole-Time Director.