Alicon Castalloy declares ₹2 interim dividend; sets May 19 record date
Alicon Castalloy's Board approved audited financial results for FY26 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 appointed as Internal Auditor for FY27.
The declaration of an interim dividend directly benefits shareholders. The appointment of an internal auditor is a routine but important corporate governance action.
The declaration of an interim dividend and approval of audited financial results with an unmodified opinion are positive indicators for the company.
Alicon Castalloy Limited announced the outcome of its Board Meeting held on May 12, 2026. The Board considered and approved the audited financial results for the fourth quarter and financial year ended March 31, 2026, on both standalone and consolidated bases. The results were accompanied by the Auditors' Report with an unmodified opinion.
Additionally, the Board 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 May 19, 2026.
Furthermore, as recommended by the Audit Committee, M/s. P.G. Bhagwat LLP has been appointed 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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