Pursuant to regulation 30 of SEBI(LODR) Regulations, 2015, kindly find attached outcome of board of directors meeting held on Monday, 25th May, 2026
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Bemco Hydraulics Ltd held its Board Meeting on May 25, 2026, where the audited standalone and consolidated financial results for Q4 and full year ended March 31, 2026 were taken on record. The Board approved the standalone and consolidated audit reports, secretarial audit from CS Vinita D Modak, and internal audit from M/s Latkan & Associates. A final dividend of Rs. 0.10 per equity share (face value Rs. 1) has been recommended for FY 2025-26, subject to shareholder approval at the AGM. Additionally, dividend on 300,000 11% cumulative redeemable preference shares was approved. The Board also approved remuneration for Managing Director Mr. Anirudh Mohta for two years and his appointment in a place of profit in the subsidiary. Related party transactions for FY 2026-27 were noted. The 68th AGM is scheduled for August 13, 2026, with record date August 6, 2026. Notably, the company approved subleasing approximately 20,000 sq feet of land and building to an automobile showroom, with the building owned by the company but operated by a finalized dealer.
The company declared a modest dividend of Rs. 0.10 per share, reflecting stable but conservative cash distribution. The sublease of property to an automobile showroom indicates a move to monetize idle real estate. No financial red flags such as qualified opinions, adverse findings, or going concern issues were mentioned in this filing, though detailed financial metrics would require the full results release.