Board Meeting15 May 2026, 03:26 pm
Sterling Tools: Recommends ₹2.75 Dividend, Appoints CFO
AI Summary
Sterling Tools Ltd's board approved audited financial results for FY26, recommended a final dividend of ₹2.75 per share, and appointed Anish Agarwal as CFO and Whole-Time Director. They also approved the appointment of M/s Profaids Consulting as Internal Auditors for FY27 and an investment of up to ₹20 Crore in Sterling E-Mobility Solutions Limited via rights issue.
Key Highlights
- Final dividend of ₹2.75 per share recommended for FY26, subject to shareholder approval.
- Anish Agarwal appointed as Chief Financial Officer (CFO) and Whole-Time Director, effective May 15, 2026.
- M/s Profaids Consulting appointed as Internal Auditors for the financial year 2026-27.
- Investment of up to ₹20 Crore approved for Sterling E-Mobility Solutions Limited via rights issue.
- Audited financial results (standalone and consolidated) for Q4 and FY26 approved with an unmodified audit opinion.
Price Impact
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