Key Decisions Approved
1. Financial Results Approval: The Board approved the Audited Financial Results (both Standalone and Consolidated) for the quarter and year ended March 31, 2026. The approval includes the accompanying Independent Audit Report.
2. Audit Report Qualification: Pursuant to Regulation 33(3)(d) of SEBI LODR Regulations, 2015, the company confirms that the Statutory Auditors have issued Audit Reports with a modified opinion on the Financial Results for both the quarter and year ended March 31, 2026. The specific impact of this qualified/modified opinion is attached to the filing.
3. Dividend Recommendation: The Board recommended a Final Dividend of 10% (₹0.10 per equity share) on the face value of ₹1 each for the financial year 2025-26. This dividend declaration is subject to approval by shareholders at the ensuing Annual General Meeting.
4. SEBI Borrowing Compliance: The Board submitted details regarding Outstanding Qualified Borrowings and Incremental Qualified Borrowings in reference to SEBI Circular No. SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023. The company confirmed that it does not qualify as a Large Corporate (LC) under the applicability criteria specified in the circular.
Meeting Details
- Date: Saturday, May 30, 2026
- Time: Commenced at 6:30 PM and concluded at 9:20 PM
- Venue: Corporate Office, conducted via Video Conferencing/Other Audio Visual Means