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Dividend27 May 2026, 05:01 pm

Varroc Engineering: Audit Qualified Opinion & ₹1.50 Dividend

AI Summary

Varroc Engineering Ltd's board approved audited financial results for the year ended March 31, 2026, with a qualified audit opinion. A dividend of ₹1.50 per share (150%) was recommended, subject to shareholder approval. The record date for the dividend is August 7, 2026. S. R. Bhargave & Co. was re-appointed as Cost Auditors. The company will hold its AGM on August 20, 2026, and seek approval for issuing Non-Convertible Debentures up to ₹500 crores.

Key Highlights

  • Audited financial results for FY26 approved with a qualified audit opinion.
  • Dividend of ₹1.50 per share (150%) recommended, pending shareholder approval.
  • Record date for dividend entitlement fixed as August 7, 2026.
  • S. R. Bhargave & Co. re-appointed as Cost Auditors for FY27.
  • Plans to issue Non-Convertible Debentures up to ₹500 crores, subject to approval.