Onward Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2025.
ONWARDTEC · price
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Onward Technologies' Board of Directors met on May 16, 2025 and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Statutory auditors BSR & Co. LLP issued an unmodified (clean) opinion on both sets of results. The Board recommended a final dividend of ₹5 per equity share (on face value of ₹10) for FY25, subject to shareholder approval at the upcoming AGM. Additionally, Ms. Niranjani Chandramouli was re-appointed as Non-Executive Independent Director for a 3-year term effective September 29, 2025, and M/s Nilesh A. Pradhan & Co., LLP was appointed as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30).
The clean audit opinion and dividend recommendation are positive signals for shareholders, indicating financial credibility and shareholder returns. The detailed financial figures were not included in this filing excerpt, so investors should review the full results for revenue and profit performance.