Outcome of Board Meeting dated May 29, 2026 - Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026
NIBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nibe Limited's Board approved audited standalone and consolidated financial results for FY2026 ending March 31, 2026. Statutory auditors Kailash Chand Jain & Co issued an unmodified (clean) opinion on both sets of results, confirmed via a formal declaration under Regulation 33(3)(d). The company has 6 subsidiaries including Nibe Defence & Aerospace Limited, Nibe Automobile Limited, and others. A dividend of Rs. 1.30 per equity share (face value Rs. 10) was recommended, subject to shareholder approval at the AGM. Additionally, the company raised Rs 104.47 crore via preferential allotment on March 5, 2026 with no deviation in fund utilization reported - proceeds used for capital expenditure, repayment of borrowings (Rs 7,500 lakhs utilized), and working capital (Rs 2,310.66 lakhs utilized). An unutilized amount of Rs 6.37 crore remains in the current account.
Clean audit opinion and consistent fund utilization indicate financial reporting integrity. The dividend recommendation signals management confidence, though actual revenue and profit figures are not included in this filing.