Deepak Fertilisers Board Approves FY26 Results, Recommends ₹10 Dividend
Deepak Fertilisers approved audited standalone and consolidated financial results for FY26. The Board recommended a ₹10 per share dividend for FY26, payable within 30 days of AGM. 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 announcement includes the approval of financial results and a dividend recommendation, which are material information for investors. Key management changes and auditor re-appointments also contribute to the medium impact.
The company announced positive financial results with an unmodified audit opinion and recommended a dividend, indicating financial health and shareholder returns. Key management changes are also strategically planned.
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 Annual General Meeting (AGM), will be paid within 30 days. The Register of Members will be closed from 26th August, 2026 to 1st September, 2026 for dividend payment and AGM purposes, with a record date set for 25th August, 2026.
Several key appointments and re-appointments were also approved. Mr. Sailesh C. Mehta, Chairman and Managing Director, was appointed as the Chairman & Managing Director of Deepak Mining Solutions Limited, a wholly-owned subsidiary, effective 1st June 2026. He will continue as Non-Executive Chairman of Mahadhan AgriTech Limited. Mr. Yeshil S. Mehta was approved as an Additional Director (Non-executive Non-independent) effective 1st July 2026, subject to shareholder approval.
M/s P G Bhagwat LLP was re-appointed as Statutory Auditors for a second term of five years, and M/s Harshad Deshpande & Associates were re-appointed as Cost Auditors for FY27. The 46th AGM of the Company is scheduled for 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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