StockWatch
·
Iron & Steel
Dividend29 May 2026, 09:32 pm

Sunflag Iron Recommends ₹1 Final Dividend for FY26

AI Summary

Sunflag Iron & Steel Company Ltd's board recommended a final dividend of 10% (₹1 per share) on equity shares with a face value of ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval. The board also approved the audited financial statements for FY26 and re-appointed cost and tax auditors.

Key Highlights

  • Final dividend of ₹1 per share recommended for FY26.
  • Audited financial statements for FY26 approved.
  • G. R. Paliwal & Company re-appointed as Cost Auditors.
  • VTSA and Company re-appointed as Tax Auditors.
  • Outstanding Qualified Borrowings decreased from ₹270.20 Cr to ₹154.97 Cr.