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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.