StockWatch
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Iron & Steel
Quarterly Result29 May 2026, 06:33 pm

Sunflag Iron: Audited FY26 Results, ₹1 Dividend Approved

AI Summary

Sunflag Iron & Steel Company Ltd. announced the audited financial results for the financial year 2025-26, ended March 31, 2026. The Board of Directors, in its 206th meeting held on May 29, 2026, approved the standalone and consolidated financial statements. A final dividend of ₹1.00 per share (10%) on equity shares of face value ₹10 each was recommended, subject to shareholder approval. The board also approved the re-appointment of cost and tax auditors. The company's outstanding qualified borrowings decreased from ₹270.20 Cr to ₹154.97 Cr during the year.

Key Highlights

  • Audited financial statements (standalone and consolidated) for FY26 approved.
  • Final dividend of ₹1.00 per share (10%) recommended for FY26.
  • Re-appointment of M/s. G. R. paliwal & Company as Cost Auditors approved.
  • Re-appointment of M/s. VTSA and Company as Tax Auditors approved.
  • Outstanding qualified borrowings decreased to ₹154.97 Cr at FY26 end.