BSECreative Castings LtdHighNeutral
Announced Sat, 26 Jul · 14:03 IST

Creative Castings Limited has submitted the outcome of the Board Meeting held today for the material transactions mentioned in the attachment.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Creative Castings Limited's Board met on July 26, 2025, and approved several items. It cleared the unaudited financial results for Q1 FY26 (ended June 30, 2025) along with the Limited Review Report from its auditors. The Board recommended a final dividend of Rs. 10 per equity share (100%) for FY25, subject to shareholder approval at the 40th AGM scheduled for September 25, 2025. The record date and e-voting cut-off date were fixed as September 18, 2025. M/s. J.C. Ranpura & Co. was re-appointed as Statutory Auditors for a second 5-year term, and M/s. M. Buha & Co. was appointed as Secretarial Auditors for a 5-year term starting FY26. Independent Director Mr. Palak Jayeshbhai Doshi was also re-appointed for a second 5-year term.

Likely market impact

Shareholders stand to receive a healthy Rs. 10 per share dividend pending AGM approval, signalling strong cash returns. The continuation of existing statutory auditors and re-appointment of an independent director indicates board continuity, with no governance disruptions.