Cantabil Retail India Limited has informed the Exchange about change in Management
CANTABIL · price
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Cantabil Retail India's board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with the statutory auditor's limited review report. The board recommended a final dividend of Rs. 0.50 per equity share (25% on face value of Rs. 2) for FY25, with the record date set as August 29, 2025, subject to shareholder approval at the 37th AGM. Mr. Basant Goyal was re-appointed as Whole Time Director for a fresh 5-year term, and Mr. Rajeev Sharma's continuation as Independent Director was approved, both subject to shareholder nod. The company also appointed M/s DPV & Associates LLP as its new Secretarial Auditor for FY26 through FY30. Mr. Basant Goyal is the brother-in-law of existing Whole Time Director Mr. Deepak Bansal, indicating a continued family-linked management structure.
The Rs. 0.50 final dividend offers a modest yield to shareholders and signals stable cash generation, while the re-appointment of an existing WTD ensures management continuity with no operational disruption expected. Shareholders should watch the Q1 results closely as they set the tone for FY26 growth in Cantabil's retail apparel business.