Announced Thu, 23 Jul · 17:30 IST
73rd AGM concludes; board recommends highest-ever Rs 23 dividend
Board & Shareholder Meetings View source PDF
ADOR · price
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AI summary
Ador Welding held its 73rd AGM on 23 July 2026 via video conferencing. Eight resolutions were transacted including adoption of FY26 financial statements, dividend declaration, director re-appointments and remuneration approvals. Chairman reported FY26 EBITDA of over Rs 133 crore, PBT of nearly Rs 111 crore, and PAT of Rs 83 crore. Board recommended a dividend of Rs 23 per share (230 percent), the highest in company history. Company is virtually debt-free.
Likely market impact
Strong FY26 profitability with record dividend signals healthy cash generation. Debt-free balance sheet supports future growth investments.