Datamatics Board Approves FY26 Results, Final Dividend ₹5, Reappoints Rahul Kanodia as Vice Chairman & CEO
Datamatics Global Services' board approved FY26 results and a final dividend of ₹5 per share. Rahul L. Kanodia was re-appointed as Vice Chairman & CEO for 5 years effective February 22, 2027. The board approved the amalgamation of Dextara Digital and Datamatics Cloud Solutions with Datamatics, pending approvals. Hitesh Gajaria and Navnit Singh were appointed as Non-Executive Independent Directors from May 08, 2026.
The announcement includes key decisions about leadership and company structure, along with financial performance updates, but does not contain groundbreaking or transformative news.
The announcement includes positive elements such as dividend recommendation, re-appointment of key personnel, and approval of financial results.
Datamatics Global Services Limited's Board of Directors, in its meeting on May 21, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board has recommended a final dividend of ₹5 per equity share (100%) with a face value of ₹5 each for the financial year ended March 31, 2026, subject to shareholder approval at the Annual General Meeting (AGM).
The Board also approved the scheme of amalgamation between Dextara Digital Private Limited, Datamatics Cloud Solutions Private Limited, wholly-owned subsidiaries, and Datamatics Global Services Limited, subject to requisite approvals. As of March 31, 2026, Datamatics Global Services Limited had a paid-up share capital of ₹29.55 crore, a net worth of ₹899.01 crore, and revenue from operations of ₹672.13 crore. Dextara Digital Private Limited had a paid-up share capital of ₹4.56 crore, a net worth of ₹23.29 crore, and revenue from operations of ₹26.77 crore. Datamatics Cloud Solutions Private Limited had a paid-up share capital of ₹1 lakh and a net worth of ₹38,053.
Furthermore, the board approved the re-appointment of Mr. Rahul L. Kanodia as a Whole-time Director, designated as Vice Chairman & CEO, for five years from February 22, 2027, to February 21, 2032, subject to member approval. The board also approved the re-appointment of M/s. Ajmera & Ajmera as Internal Auditors for FY 2026-27. Additionally, the board approved the draft Postal Ballot Notice for seeking member approval for the appointment of Mr. Hitesh Gajaria and Mr. Navnit Singh as Non-Executive Independent Directors w.e.f. May 08, 2026, for a first term of 5 years. The meeting commenced at 02:30 P.M. and concluded at 04:22 P.M.
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Datamatics Global Services 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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