Antony Waste Handling Cell Recommends 10% Final Dividend; Approves FY26 Results
Antony Waste Handling Cell Limited approved audited financial results for FY26. The Board recommended a 10% final dividend (₹0.50 per share) for FY26, subject to member approval at the 25th AGM. The company's financial results and auditor's report were also approved.
The approval of financial results and recommendation of dividend are material events for investors. However, the dividend is subject to member approval.
The recommendation of a final dividend and the approval of audited financial results are positive developments for shareholders.
Antony Waste Handling Cell Limited announced the outcome of its Board Meeting held on Friday, May 29, 2026. The Board approved the audited financial results, both standalone and consolidated, for the quarter and financial year ended March 31, 2026.
Furthermore, the Board recommended a final dividend of 10% on equity shares with a face value of ₹5 each, amounting to ₹0.50 per share, for the financial year ended March 31, 2026. This dividend is subject to the approval of the company's members at the upcoming 25th Annual General Meeting (AGM). The specific dates for the AGM, the record date for dividend eligibility, and the dividend payout date will be communicated in due course.
The Board Meeting commenced at 5:00 p.m. and concluded at 6:37 p.m. The approved financial results, auditor's report, and declaration of unmodified opinion are enclosed. These documents will also be available on the company's website, www.antony-waste.com.
The auditor's report highlighted an emphasis of matter regarding the recoverability of dues from Municipal Corporations, amounting to ₹2,449.00 lakhs for trade receivables and ₹497.53 lakhs for other financial assets, which are overdue. The management expects these to be recovered in due course. Another emphasis of matter pertained to a search operation by the Income Tax Department in October 2021 and subsequent demand orders, the impact of which is currently unascertainable.
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Antony Waste Handling Cell 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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