Shareholders Approve Final Dividend of Rs. 0.25 per Share and Re-appoint Three Whole-Time Directors

At the AGM held on 30th September 2026, shareholders approved a final dividend of Rs. 0.25 per equity share (face value Rs. 10 each) for FY ended 31st March 2026.

Wed 30 Sep 2026

Final Dividend Approved

Rs. 0.25 per equity share (face value Rs. 10 each) for FY ended 31st March 2026

AGM Date

30th September 2026

Directors Re-appointed

Mr. Tijo Mathew Kurisummoottil, Mr. Sivaji Gollapelli, Mr. Ramesh Raja

Director Appointment Date

11th November 2024

Re-appointment Effective Date

30th September 2026

What was approved

The company informed BSE that shareholders at the Annual General Meeting held on 30th September 2026 approved the following items with the requisite majority.

• Declaration of a final dividend of Rs. 0.25 (Twenty-five Paise only) per equity share of Rs. 10 each for the financial year ended 31st March 2026.
• Re-appointment of Mr. Tijo Mathew Kurisummoottil, Whole-Time Director, who retired by rotation.
• Re-appointment of Mr. Sivaji Gollapelli, Whole-Time Director, who retired by rotation.
• Re-appointment of Mr. Ramesh Raja, Whole-Time Director, who retired by rotation.

What the dividend means

A final dividend is a cash payout to shareholders approved at the AGM. Here it works out to 25 paise for each share held, on shares with a face value of Rs. 10 each. So a holder of 1,000 shares would be entitled to Rs. 250 before any applicable tax deduction.

On the directors

All three Whole-Time Directors were originally appointed on 11th November 2024 and have been re-appointed with effect from 30th September 2026. The update notes that their retirement and re-appointment shall not be deemed to constitute any break in office, meaning continuity of management is maintained. The company also states that none of the three is debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

How to read it

This is an intimation of AGM outcomes under Regulation 30 of the SEBI Listing Regulations. A declared dividend and the continuation of the existing executive team are generally seen as signs of business stability, though the payout per share is modest relative to the Rs. 10 face value.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.