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Abrasives & Bearings
Quarterly Result24 Apr 2026, 05:03 pm

Wendt (India) Ltd Approves FY26 Results, Recommends ₹10 Final Dividend

AI Summary

Wendt (India) Ltd's Board of Directors met on April 24, 2026, to approve the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The Statutory Auditors, M/s. Price Waterhouse Chartered Accountants LLP, issued an unmodified opinion on these results. Concurrently, the Board recommended a final dividend of ₹10 per equity share (100% on a face value of ₹10) for the financial year 2025-26. This recommendation brings the total dividend for FY26 to ₹30 per share, including the interim dividend of ₹20 already paid. The 44th Annual General Meeting (AGM) is scheduled for July 24, 2026, with July 17, 2026, set as the Record Date for both the AGM and the final dividend. Electronic payment of the final dividend, upon AGM approval, is expected by August 13, 2026.

Key Highlights

  • Board approved audited financial results for FY26.
  • Recommended a final dividend of ₹10 per equity share for FY26.
  • Total dividend for FY26 aggregates to ₹30 per share.
  • AGM on July 24, 2026; Record Date for dividend is July 17, 2026.
  • Statutory Auditors issued an unmodified opinion on financial results.