Deepak Fertilisers Board Approves FY26 Audited Results & Recommends ₹10 Dividend
Deepak Fertilisers announced audited standalone and consolidated financial results for FY26. The company recommended a dividend of ₹10 per equity share. Mr. Sailesh C. Mehta appointed CMD of Deepak Mining Solutions from June 1, 2026. Mr. Yeshil S. Mehta appointed Additional Director from July 1, 2026. The 46th AGM is on September 1, 2026.
The dividend recommendation and management changes are material events for shareholders and stakeholders, impacting the company's governance and financial distribution.
The approval of audited financial results, recommendation of a dividend, and re-appointment of auditors are positive developments for the company and its shareholders.
Deepak Fertilisers and Petrochemicals Corporation Limited announced the outcome of its Board Meeting held on 28th May, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and year ended 31st March, 2026. The audit reports received were unmodified.
The Board recommended a dividend of ₹10 per equity share for the financial year ended 31st March, 2026. This dividend, if declared at the ensuing AGM, will be paid within 30 days of the AGM. The Register of Members will remain closed from 26th August, 2026 to 1st September, 2026 for dividend payment and the AGM. The record date for the dividend is set as 25th August, 2026.
Key management and director changes were also approved. Mr. Sailesh C. Mehta will be appointed Chairman and Managing Director of Deepak Mining Solutions Limited (a wholly-owned subsidiary) effective 1st June 2026, while relinquishing his Managing Director role in Mahadhan AgriTech Limited to continue as Non-Executive Chairman. Mr. Yeshil S. Mehta was approved as an Additional Director (Non-executive Non-independent) effective 1st July 2026, subject to shareholder approval at the AGM. He is not debarred from holding a director's office.
Furthermore, the Board approved the re-appointment of M/s P G Bhagwat LLP as Statutory Auditors for a second term of five years and M/s Harshad Deshpande & Associates as Cost Auditors for the financial year 2026-27. The 46th Annual General Meeting (AGM) of the Company is scheduled to be held on Tuesday, 1st September, 2026. The meeting commenced at 11:00 a.m. and concluded at 2:55 p.m.
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Deepak Fertilizers and Petrochemicals Corporation 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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