This disclosure outlines the outcomes of the Board of Directors meeting of Alfred Herbert (India) Limited held on May 27, 2026.
The Board meeting commenced at 11:30 A.M. and concluded at 02:15 P.M.
Key Decisions and Disclosures:
1. Financial Results Approval:
- The Board considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.
- This was done pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The results were reviewed by the Audit Committee prior to Board approval.
- The Statutory Auditors issued a report with an unmodified opinion on both the Standalone and Consolidated Financial Results.
- The company confirmed this pursuant to Regulation 33(3)(d) of SEBI LODR Regulations.
- Arrangements have been made to publish the results in a newspaper as required by SEBI LODR Regulations.
2. Dividend Recommendation:
- The Board decided to recommend a dividend of ₹20.00 per equity share for the financial year ended March 31, 2026.
- The face value of each share is ₹10, making the dividend a 200% payout.
- The dividend is recommended on 771,429 equity shares.
- This recommendation is subject to approval by the members (shareholders) at the upcoming 106th Annual General Meeting (AGM).
3. Director Reappointment:
- The Board noted the retirement by rotation of Mrs. Simika Lodha, a Non-Executive Non-Independent Director, at the upcoming AGM.
- Mrs. Lodha, being eligible, seeks reappointment.
Additional Information:
The letter was signed by Tripti Upadhyay, who holds the dual designation of Company Secretary & Chief Financial Officer.