StockWatch
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Pharmaceuticals
Board Meeting1 Aug 2026, 04:20 pm

Vasundhara Rasayans Recommends ₹2 Dividend, Approves Director Re-appointments

AI Summary

Vasundhara Rasayans Ltd's Board of Directors met on August 1, 2026, approving a dividend recommendation of ₹2 per Equity Share for the financial year ended March 31, 2026. The board also approved the re-appointment of Smt. Seema Jain as Whole-time Director and Shri. Rajesh Pokerna as Managing Director, both for a period of five years effective August 20, 2026, subject to shareholder approval. Additionally, the Board approved the draft notice for the 39th Annual General Meeting, the Corporate Governance Report, and the Board's Report along with the Management Discussion and Analysis Report for the financial year ended March 31, 2026. The register of members and share transfer books will be closed from August 19 to August 25, 2026, for the AGM and e-voting.

Key Highlights

  • Board recommends ₹2 per share dividend for FY26.
  • Smt. Seema Jain re-appointed Whole-time Director for 5 years.
  • Shri. Rajesh Pokerna re-appointed Managing Director for 5 years.
  • AGM notice and Annual Report approved.
  • Share transfer books closed Aug 19-25 for AGM and dividend.