Board Meeting29 May 2026, 08:52 pm
Tilaknagar Industries Approves FY26 Dividend of ₹1 Per Share
AI Summary
Tilaknagar Industries Ltd's board meeting on May 29, 2026, approved the audited financial results for FY26, recommended a dividend of ₹1 per share, and approved the re-appointment and remuneration of key managerial personnel, including Mr. Amit Dahanukar and Ms. Swapna Shah. The board also approved the incorporation of a wholly-owned subsidiary in Nigeria and the amalgamation of two wholly-owned subsidiaries with Tilaknagar Industries Limited. Additionally, 303,050 equity shares were allotted under ESOP schemes.
Key Highlights
- Tilaknagar Industries recommends a dividend of ₹1 per equity share for FY26.
- Re-appointment of Mr. Amit Dahanukar as Chairman & Managing Director approved.
- Ms. Swapna Shah re-appointed as Non-Executive Non-Independent Director.
- Board approves incorporation of a wholly-owned subsidiary in Nigeria.
- Amalgamation of Punjabexpo Breweries and Vahni Distilleries with Tilaknagar Industries approved.
Price Impact
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