Recommendation of Dividend by Board of the Director of the Company
AGARIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Agarwal Industrial Corporation Ltd met on May 29, 2026, and recommended a dividend of Rs. 3.30 per equity share of face value Rs. 10 each for the Financial Year ended March 31, 2026. The dividend is subject to approval by the shareholders at the upcoming Annual General Meeting. The Board also reviewed and approved the audited standalone and consolidated financial results for Q4 and FY 2026, which received an unmodified opinion from the statutory auditors. The meeting concluded at 05:10 PM after considering other agenda items.
The recommended dividend of Rs. 3.30 per share signals a positive cash return to shareholders and reflects the company's profitability for FY 2026, subject to shareholder approval at the AGM.