Dividend15 May 2026, 03:15 pm
Sterling Tools Recommends 137.50% Final Dividend for FY26
AI Summary
Sterling Tools Ltd. announced the approval of audited financial results for FY26, along with a recommended final dividend of ₹2.75 per share. The board also approved the appointment of M/s Profaids Consulting as Internal Auditors for FY27 and Mr. Anish Agarwal as CFO and Whole-Time Director, effective May 15, 2026. Additionally, an investment of up to ₹20 Crore in Sterling E-Mobility Solutions Limited, a wholly-owned subsidiary, was approved.
Key Highlights
- Audited financial results (standalone and consolidated) approved for FY26.
- Final dividend of ₹2.75 per share (137.50%) recommended, subject to shareholder approval.
- M/s Profaids Consulting appointed as Internal Auditors for FY27.
- Mr. Anish Agarwal appointed as CFO and Whole-Time Director, effective May 15, 2026.
- Investment of up to ₹20 Crore approved for Sterling E-Mobility Solutions Limited.
Price Impact
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