Board Meeting23 May 2026, 10:00 pm
Studds Board Approves FY26 Results, ₹3 Dividend, ESOP 2026
AI Summary
Studds Accessories Ltd's board approved audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. They recommended a dividend of ₹3 per equity share (60%) for FY 2025-26, subject to shareholder approval. The board also approved the Studds ESOP Scheme 2026. Mr. Manish Mehta will step down as CFO, replaced by Mr. Bharat Goyal, effective July 1, 2026. Deloitte Haskins & Sells LLP were appointed as Internal Auditors for FY 2026-27.
Key Highlights
- Audited FY26 financial results (standalone and consolidated) approved.
- Dividend of ₹3 per share (60%) recommended for FY26, pending shareholder approval.
- 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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