3M India Limited has informed the Exchange regarding Change in Director(s) of the company.
3MINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
3M India Limited's Board of Directors approved Q4 and FY2026 audited financial results. Full-year total income rose 14.5% year-on-year to Rs. 5,138.50 crore, with net profit after tax at Rs. 522.32 crore (up 9.7% YoY). The Board recommended a dividend of Rs. 506 per share (Rs. 160 final + Rs. 346 special) for FY2025-26, payable after shareholder approval at the ensuing AGM in August 2026. Record date is July 17, 2026. Regarding governance, Ms. Radhika Rajan will cease as Independent Director on May 26, 2026 upon completion of her second five-year term (associated with the company since May 2016). The Board appointed Ms. Kavita Nair as an Additional Non-Executive Independent Director for five years from May 27, 2026. Mr. M D Ranganath (Independent Director) was appointed Chairman of the Board effective May 27, 2026. All board committees were reconstituted accordingly. Auditors B S R & Co. LLP issued an unmodified opinion.
Strong financial performance and special dividend signal confidence in the company's growth trajectory. The smooth independent director transition with a new chairperson appointment maintains governance continuity. The large special dividend component (Rs. 346 per share) is a positive surprise for shareholders.