Shakti Pumps (India) Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2026, recommended Final Dividend of Re. 1 per equity share.
SHAKTIPUMP · price
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Shakti Pumps (India) Limited's Board of Directors met on May 07, 2026 and approved the audited financial results for Q4 and FY ended March 2026. The Board recommended a final dividend of Rs. 1 per equity share (10% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The record date for dividend entitlement is fixed as July 29, 2026, with the 31st AGM scheduled for August 5, 2026. Additionally, the Board re-appointed Mr. Dinesh Patidar as Chairman cum Whole-time Director and Mr. Ramesh Patidar as Managing Director for another 3-year term each, and appointed M/s. M.P. Turakhia & Associates as Cost Auditor for FY 2026-27.
The recommended 10% dividend signals the company is sharing profits with shareholders, though the absolute amount of Rs. 1 per share is modest. Without current stock price data, the dividend yield cannot be confirmed. The re-appointment of key management indicates continuity in leadership.