Board recommended Final dividend of Rs. 40/- per share for FY 2025-26
SKFINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SKF India Ltd's Board of Directors met on 13 May 2026 and approved several items. Key highlights: (1) Financial results for Q4 and FY 2025-26 were approved with auditors issuing unmodified opinions; (2) The Board recommended a final dividend of Rs. 40 per equity share for FY 2025-26, subject to shareholder approval at the ensuing AGM; (3) Record date fixed as 3 July 2026 and AGM scheduled for 14 August 2026; (4) CFO transition — Ms. Aashi Arora stepped down as Interim CFO effective 14 May 2026, and Mr. Mayank Holani was appointed as the new CFO effective the same date; (5) Mr. Prahlada GirishKumar was appointed to the Senior Management Team. The dividend will be dispatched within 30 days of the AGM if approved by members.
The recommended final dividend of Rs. 40 per share signals consistent shareholder returns. The CFO transition and management changes are routine in nature. No material impact expected on the stock price from this filing.