Announced Mon, 27 Apr · 18:33 IST
Board okays FY26 results, Rs 0.50 dividend, new Independent Director
Management Changes View source PDF
ROSSARI · price
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Price reaction · full curve 14 horizons · vs prior close
-7.4%1-day move
₹505.20
prior close
₹504.00
base price
After-mkt
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-3.1-4.5-3.8-5.0-7.4-5.6-5.0-4.8-2.9+7.7+0.4+3.5+3.1-0.1
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AI summary
Board approved FY26 audited results: consolidated revenue Rs 23,963.65M (up 15% YoY), PAT Rs 1,492.13M (up 9%). Final dividend of Re 0.50/share (25%) recommended. Mr. Udeypaul Singh Gill appointed as Independent Director for 3 years from April 28. Capacity expansion rescheduled to phased rollout over 2 years; new R&D facility set up in Navi Mumbai. 8,250 ESOP shares allotted at Rs 425.
Likely market impact
Solid revenue and profit growth with a modest dividend. Capacity project delay may temper capex excitement, but strategic intent and R&D push remain intact.