Dividend27 May 2026, 04:12 pm
Varroc Engineering Recommends ₹1.50 Dividend; Sets Record Date
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 AGM. The record date for dividend entitlement is set as August 7, 2026. The board also approved the re-appointment of M/s. S. R. Bhargave & Co. as Cost Auditors and proposed raising funds via Non-Convertible Debentures up to ₹500 crores.
Key Highlights
- Varroc Engineering recommends a final dividend of ₹1.50 per share (150%) for FY26.
- Record date for dividend eligibility is fixed 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 issue Non-Convertible Debentures up to ₹500 crores.
- 38th Annual General Meeting scheduled for August 20, 2026, via video conferencing.
Price Impact
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