Delta Corp Approves Audited Results, Recommends 50% Dividend, Appoints New Auditors
Delta Corp approved audited financial results for FY26 and recommended a 50% dividend (₹0.50 per share). M/s. M S K C & Associates LLP proposed as new statutory auditors for five years, replacing M/s. Walker Chandiok & Co LLP.
The announcement includes the approval of financial results and a dividend recommendation, which are material for investors. The change in auditors is a significant corporate governance event.
The company announced positive financial results and recommended a dividend, which are generally viewed favorably by investors. The appointment of new auditors is a routine corporate action.
Delta Corp Limited announced the outcome of its Board of Directors meeting held on April 22, 2026. The Board approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. They also recommended a final dividend of 50%, amounting to ₹0.50 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The dividend will be paid within 30 days of AGM approval.
Furthermore, based on the Audit Committee's recommendation, the Board has proposed the appointment of M/s. M S K C & Associates LLP as the new Statutory Auditors for a period of five years, commencing from the conclusion of the 35th AGM until the conclusion of the 40th AGM in 2031. This appointment follows the completion of the tenure of the existing auditors, M/s. Walker Chandiok & Co LLP.
The Board meeting, which began at 4:00 PM, concluded at 5:45 PM.
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Delta Corp 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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