MRF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MRF Limited held its Board Meeting on 7th May 2026 addressing multiple items: (1) FY2026 audited results showing strong performance with standalone revenue of Rs 30,652 Crores (+10.8% YoY), net profit of Rs 2,355 Crores (+29.2% YoY), and EPS of Rs 5,553.70 per share; consolidated net profit stood at Rs 2,426 Crores (+29.5%); auditors expressed unmodified opinion. (2) Company Secretary Mr. S Dhanvanth Kumar resigned on 13th April 2026 due to health reasons and was relieved on 7th May 2026. (3) Mr. Thulsidass T V (ICSI Membership A20927) appointed as Vice President, General Counsel and Company Secretary with immediate effect; he previously worked at Britannia Industries with 25+ years of experience. (4) Final dividend of Rs 229 per share (2290%) recommended, taking total dividend for FY2026 to Rs 235 per share (2350%). (5) Joint Statutory Auditors M M NISSIM & CO LLP re-appointed for 5 years subject to shareholder approval.
Strong financial performance with 29% profit growth reflects operational strength. The company secretary change appears routine with a qualified replacement from Britannia Industries. Total dividend of Rs 235 per share demonstrates healthy cash generation and shareholder-friendly policy.