Outcome of Board Meeting - Recommending Final Dividend to Shareholders for FY25-26
PROTEAN · price
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Protean eGov Technologies Ltd's Board meeting on May 20, 2026 approved the audited financial results for FY26 and recommended a final dividend of Rs. 10 per share (100% on face value of Rs. 10), subject to shareholder approval. Standalone revenue grew 18.4% YoY to Rs. 996.43 Crore with profit of Rs. 94.32 Crore, while consolidated revenue rose 18.7% to Rs. 997.75 Crore with profit of Rs. 100.59 Crore. The Board also appointed Mr. Ajay Rajan as Managing Director & CEO and Mr. Nandkumar Saravade as Independent Director, both effective June 1, 2026. The company completed a demerger of its GRC and SOC businesses from its wholly-owned subsidiary during the year.
The company delivered strong double-digit revenue and profit growth, and the 100% dividend payout signals management confidence. Shareholders should note the dividend is subject to approval at the upcoming general meeting.