Change in Director
3MINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
3M India Limited held its Board Meeting on May 22, 2026 and approved audited financial results for Q4 and FY2026. Total income grew 13.8% year-on-year to Rs. 5,138.50 crores, while net profit after tax increased 9.7% to Rs. 522.32 crores. The Board recommended a dividend of Rs. 506 per equity share (Rs. 160 final + Rs. 346 special dividend), subject to shareholder approval at the AGM in August 2026. On the governance front, Ms. Radhika Rajan completed her second 5-year term as Independent Director on May 26, 2026, after serving since May 2016. The Board appointed Ms. Kavita Nair as an Additional Non-Executive Independent Director for 5 years from May 27, 2026, and Mr. M D Ranganath was appointed as Chairman of the Board. All Board Committees were reconstituted effective May 27, 2026.
The company delivered strong double-digit revenue growth across all business segments. The generous dividend payout signals confidence in financial health. The director transition is routine as Ms. Radhika Rajan's departure was a planned term completion, and her replacement Ms. Kavita Nair brings extensive experience in digital transformation and brand management.