StockWatch
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Civil Construction
Dividend20 May 2026, 09:21 pm

Valplast Tech: FY26 Financial Results & ₹1 Dividend

AI Summary

Valplast Technologies Ltd's board approved the audited financial results for the year ended March 31, 2026, along with a final dividend of ₹1.00 per equity share (10%) subject to shareholder approval. The board also approved flexibility in utilizing IPO proceeds earmarked for General Corporate Purpose, revising it to include Working Capital. Additionally, the company appointed a scrutinizer and an agency for e-voting for the upcoming Annual General Meeting.

Key Highlights

  • Audited financial results (standalone) for FY26 approved.
  • Final dividend of ₹1.00 per share (10%) recommended, pending shareholder approval.
  • IPO fund utilization revised to include Working Capital.
  • Rajat Mishra appointed as scrutinizer for the General Meeting/Postal Ballot.
  • Bigshare Services appointed for electronic-voting facilitation.