BSECravatex LtdHighNeutral
Announced Fri, 15 May · 17:28 IST

Intimation for Appointment of Secretarial Auditor is attached.

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹344.55
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-0.4+0.9-1.0-1.5-4.2+1.7+8.5+18.7
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AI summary

Cravatex Ltd's Board approved audited financial results for FY2026 (standalone & consolidated) ending 31 March 2026. Statutory Auditors issued an unmodified (clean) opinion on the financial statements. The Board recommended a final dividend of Rs.13 per share (130% on Rs.10 face value) for FY2026, subject to shareholder approval at the 74th AGM scheduled for 31 July 2026 via video conferencing. The company also appointed M/s Hemanshu Kapadia & Associates as Secretarial Auditors for FY2026-27, replacing the prior firm. Book closure is from 25 July to 31 July 2026 for AGM and dividend entitlement.

Likely market impact

The clean audit opinion indicates no concerns with financial reporting quality. The 130% dividend payout signals strong cash generation and rewards shareholders. Appointment of a new secretarial auditor appears routine with no red flags noted.