Dividend23 May 2026, 10:21 pm
Studds Accessories Recommends ₹3 Dividend (60%)
AI Summary
Studds Accessories Ltd's board has recommended a dividend of ₹3 per equity share of face value ₹5 each (60%) for FY 2025-26, subject to shareholder approval. The board also approved the Studds ESOP Scheme 2026, the stepping down of CFO Mr. Manish Mehta effective July 1, 2026, and the appointment of Mr. Bharat Goyal as CFO from the same date. Deloitte Haskins & Sells LLP were appointed as Internal Auditors for FY 2026-27. The decisions were made at a board meeting held on May 23, 2026.
Key Highlights
- Studds Accessories recommends a dividend of ₹3 per share (60%) for FY 2025-26.
- Studds Accessories Limited Employee Stock Option Scheme 2026 approved.
- Manish Mehta to step down as CFO, Bharat Goyal appointed as CFO, effective July 1, 2026.
- Deloitte Haskins & Sells LLP appointed as Internal Auditors for FY 2026-27.
Price Impact
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