Mamata Machinery: 5% dividend recommended, new CEO from October 2026

Board & Shareholder Meetings View source PDF

MAMATA · 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

-4.9%1-day move

₹397.85

prior close

₹396.15

base price

After-mkt

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AI summary

Mamata Machinery's board recommended a 5% dividend (Rs. 0.5/share on Rs. 10 face value) for FY26, pending shareholder approval. CEO Apurva N. Kane, with the firm 40+ years, superannuates September 30, 2026. Rajashekar Venkat (27-year veteran; ex-Kennametal, Markem-Imaje, Mettler Toledo, Domino Printing) takes over as CEO from October 1, 2026. C.B. Modh & Co. named cost auditor for FY27; Desai & Desai as internal auditor.

Likely market impact

Modest dividend (0.5/share) pending AGM nod. Smooth CEO succession with experienced industry veteran. Routine auditor appointments.