Outcome of Board Meeting - Recommending Final Dividend to Shareholders for FY25-26
PROTEAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 18.3 pts more than Nifty Microcap 250 and 19.1 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
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.