Dividend15 May 2026, 03:33 pm
Sterling Tools Declares ₹2.75 Dividend
AI Summary
Sterling Tools Ltd has declared a final dividend of ₹2.75 per equity share for the financial year ended March 31, 2026, subject to shareholder approval. The board also approved the audited financial results for Q4 and FY26, appointed M/s Profaids Consulting as Internal Auditors for FY27, and appointed Mr. Anish Agarwal as CFO and Whole-Time Director, effective May 15, 2026. Additionally, the board approved an investment of up to ₹20 Crore in Sterling E-Mobility Solutions Limited through a rights issue.
Key Highlights
- Final dividend of ₹2.75 per share declared for FY26, pending shareholder approval.
- Anish Agarwal appointed as CFO and Whole-Time Director, effective May 15, 2026.
- M/s Profaids Consulting appointed as Internal Auditors for FY27.
- Investment of up to ₹20 Crore approved for Sterling E-Mobility Solutions via rights issue.
Price Impact
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