OUTCOME OF BOARD MEETING HELD ON 27TH MAY, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shri Dinesh Mills Ltd board approved the audited annual financial results for FY 2025-26. The company reported standalone profit before tax of Rs. 7437.74 lakhs, marginally higher than Rs. 7360.02 lakhs in the previous year. Cash and cash equivalents stood at Rs. 160.95 lakhs at year end. The board recommended a final dividend of Rs. 1.50 per equity share of Rs. 10 face value, subject to shareholder approval. Additionally, the board granted in-principle approval for demerger of the company's FELT business into a separate legal entity and approved appointment of new statutory auditors. Ms. Reshma Patel was appointed as Chairman of the Nomination, Remuneration & Compensation Committee.
The company delivered steady standalone profit growth with a clean audit (unmodified opinion). The Rs. 1.50 dividend provides shareholder returns while the FELT business demerger could create long-term value. The modest dividend amount means yield impact will depend on current market price.