SANDHARNSESandhar Technologies LimitedHighPositive
Announced Thu, 22 May · 14:52 IST

Sandhar Technologies Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2025, recommended Final Dividend of Rs. 3.50 per equity share.

Corporate Actions View source PDF

SANDHAR · price

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Awaiting price reaction for this filing.

AI summary

Sandhar Technologies' Board, at its May 22, 2025 meeting, recommended a final dividend of Rs. 3.50 per equity share for FY25, subject to shareholder approval at the 33rd AGM. The company also announced audited FY25 results: standalone revenue rose 7.3% to Rs. 2,913 crore and net profit grew 24.4% to Rs. 139.6 crore, lifting EPS to Rs. 23.20 (from Rs. 18.65). On a consolidated basis, revenue grew 10.3% to Rs. 3,885 crore. The Board approved a Rs. 2.72 crore investment in Clean Renewable Energy KK 1A Pvt Ltd (an affiliate of Hero Future Energies) to secure solar and wind power in Karnataka. It re-appointed GSA & Associates as internal auditors, appointed K K Sachdeva & Associates as secretarial auditors for five years, and inducted Sandeep Dinodia as Independent Director and Gurvinder Jeet Singh as Whole-time Director. B S R & Co. LLP issued an unmodified audit opinion on the financials.

Likely market impact

Eligible shareholders stand to receive Rs. 3.50 per share as dividend once approved at the AGM, while the sharp profit growth and clean audit are positive signals for the stock. The renewable energy investment and new director appointments point to strategic diversification and a governance refresh, likely to be viewed neutrally to positively by investors.