Dear Sir/ Madam, We are enclosing herewith a disclosure about the recommendation of a dividend.
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Aveer Foods Ltd Board of Directors met on 28th May 2026 and approved the Audited Financial Results for Q4 and FY ended 31st March 2026 along with the Auditors Report. The Board recommended a dividend for FY 2025-2026, which is subject to approval by shareholders at the ensuing Annual General Meeting. If approved at the AGM, the dividend will be paid within 30 days from the date of the AGM. The company also recommended appointment of M/s Satish & Satish Company Secretaries as the secretarial auditor for 5 years. The auditors issued an Unmodified Audit Report (clean audit opinion) on the financial results. The date of AGM and Record date for dividend entitlement will be intimated separately.
The recommendation of dividend signals the company's profitability and cash position. The clean audit report (Unmodified Opinion) indicates no significant concerns from auditors, which is a positive signal for investors. Shareholders should note that the actual dividend payment is contingent on AGM approval.