Dividend27 May 2026, 03:58 pm
Varroc Engineering Recommends ₹1.50 Dividend for FY26
AI Summary
Varroc Engineering Ltd's board approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹1.50 per equity share (150%) subject to shareholder approval at the upcoming AGM. The dividend will be paid within 30 days of AGM approval, subject to tax deductions. The record date for dividend entitlement is August 7, 2026. The board also approved the re-appointment of M/s. S. R. Bhargave & Co. as Cost Auditors for FY 2026-27 and proposed raising up to ₹500 crores through Non-Convertible Debentures.
Key Highlights
- Varroc Engineering recommends a final dividend of ₹1.50 per share (150%) for FY26.
- Record date for dividend entitlement is set as August 7, 2026.
- Board approves re-appointment of M/s. S. R. Bhargave & Co. as Cost Auditors for FY27.
- Company seeks shareholder approval to raise up to ₹500 crores via NCDs.
- 38th Annual General Meeting scheduled for August 20, 2026.
Price Impact
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