BSETGV Sraac LtdHighNeutral
Announced Thu, 21 May · 18:36 IST

The Board of Directors have given their consent for reappointment of M/s. Aruna Prasad & Co., as Cost Auditors of the Company for the year 2026-27. The Board of Directors have given ....

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Price reaction · full curve 14 horizons · vs prior close
-7.3%1-day move
₹115.00
prior close
₹107.00
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+3.3+3.3+3.7+2.8-7.3-6.3-0.4-1.3-3.3-6.3-6.1-11.2-13.0
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AI summary

TGV Sraac Ltd's Board of Directors, in a meeting held on 21 May 2026, has 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 AGM. The total dividend will be paid on 107,089,800 equity shares. Separately, the Board reappointed M/s. Aruna Prasad & Co. as Cost Auditors for FY 2026-27 at a remuneration of Rs. 2,00,000, following the Audit Committee's recommendation. The cost auditor is a practicing Cost Accountant with over 31 years of experience and is not related to any director of the company.

Likely market impact

This is a routine governance update with no direct material impact on the stock. The dividend recommendation signals continued cash distribution to shareholders, and the reappointment of an existing cost auditor indicates no concerns with audit or compliance functions.