Board Meeting15 May 2026, 03:08 pm
Sterling Tools Board Approves FY26 Results, ₹2.75 Dividend
AI Summary
The Board of Directors of Sterling Tools Ltd approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. They recommended a final dividend of ₹2.75 per equity share. The board also approved the appointment of Mr. Anish Agarwal as the Chief Financial Officer and Whole-Time Director, and appointed M/s Profaids Consulting as Internal Auditors for FY 2026-27. Additionally, they approved an investment of up to ₹20 Crore in Sterling E-Mobility Solutions Limited through a rights issue.
Key Highlights
- Approved audited financial results for Q4 and FY26 with unmodified audit opinion.
- Recommended a final dividend of ₹2.75 per equity share.
- Appointed Mr. Anish Agarwal as CFO and Whole-Time Director effective May 15, 2026.
- Approved investment of up to ₹20 Crore in Sterling E-Mobility Solutions Limited.
- Appointed M/s Profaids Consulting as Internal Auditors for FY 2026-27.
Price Impact
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