Alicon Castalloy Declares ₹2 Interim Dividend; Approves FY26 Results
Alicon Castalloy's Board approved audited FY26 results and declared an interim dividend of ₹2 per share. The record date for the dividend is May 19, 2026. M/s. P,G. Bhagwat LLP was appointed as Internal Auditor for FY27.
The dividend declaration directly benefits shareholders, and the approval of financial results provides clarity on the company's performance.
The declaration of an interim dividend and approval of financial results are positive indicators for the company.
Alicon Castalloy Limited announced the outcome of its Board Meeting held on 12th May 2026. The Board considered and approved the audited financial results for the fourth quarter and the full financial year ended 31st March 2026, both on standalone and consolidated bases. An auditor's report with an unmodified opinion was also enclosed.
Furthermore, the company declared an interim dividend of ₹2 per equity share of ₹5 each (40%) for the Financial Year 2025-2026. The record date for determining entitlement to this dividend has been fixed as 19th May 2026.
In addition, the Board, upon the recommendation of the Audit Committee, appointed M/s. P,G. Bhagwat LLP as the Internal Auditor for the financial year 2026-27. The Board Meeting commenced at 11:30 a.m. and concluded at 3:00 p.m.
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Alicon Castalloy Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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