
Board Meeting15 May 2026, 05:01 pm
Sterling Tools: Final Dividend of ₹2.75 Recommended
AI Summary
Sterling Tools Ltd's board approved audited financial results for FY26, recommended a final dividend of ₹2.75 per share, appointed M/s Profaids Consulting as internal auditors for FY27, appointed Mr. Anish Agarwal as CFO and Whole-Time Director effective May 15, 2026, and approved an investment of up to ₹20 Crore in Sterling E-Mobility Solutions Limited via rights issue.
Key Highlights
- Approved audited financial results (standalone and consolidated) for FY26.
- Recommended a final dividend of ₹2.75 per share for FY26, subject to shareholder approval.
- Appointed M/s Profaids Consulting as Internal Auditors for FY27.
- Appointed Mr. Anish Agarwal as CFO and Whole-Time Director, effective May 15, 2026.
- Approved investment up to ₹20 Crore in Sterling E-Mobility Solutions Limited via rights issue.
Price Impact
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