Please find attached herewith outcome of the Board Meeting held on Tuesday, 26th May, 2026
INDOAMIN · price
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Indo Amines Ltd's Board of Directors approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with auditors issuing an unmodified (clean) opinion. The Board recommended a final dividend of 10% (Rs. 0.50 per share on face value of Rs. 5) for FY 2025-26, subject to shareholder approval at the 33rd AGM. The Board also re-appointed Mrs. Bharati Vijay Palkar as Whole-Time Director for 3 years from July 20, 2026, and granted 5,60,000 stock options at Rs. 10 per option to eligible employees under the ESOP 2025 plan, vesting over 5 years in installments ranging from 10% to 30%.
The clean audit opinion and dividend declaration signal financial stability, while the ESOP grant may dilute EPS but aligns employee interests with shareholders. The re-appointment of a promoter family member as Whole-Time Director is a routine governance item.