Delta Corp Board Approves FY26 Audited Results, Recommends 50% Dividend
Delta Corp's Board approved audited financial results for FY26. A final dividend of 50% (₹0.50 per share) was recommended, subject to shareholder approval at the AGM. M/s. M S K C & Associates LLP were recommended as new Statutory Auditors for five years.
The approval of financial results and dividend recommendation are material information for investors. The change in auditors and the mention of ongoing significant tax litigations also have a medium-term impact on the company's outlook.
The announcement reports on the approval of financial results and a dividend recommendation, which are routine corporate actions. While the dividend is positive, the other disclosures related to auditor changes and ongoing tax matters do not strongly sway the sentiment.
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.
Additionally, the Board recommended a final dividend of 50%, amounting to ₹0.50 per equity share. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).
The Board also recommended the appointment of M/s. M S K C & Associates LLP as the new Statutory Auditors for a period of five consecutive years, succeeding M/s. Walker Chandiok & Co LLP whose tenure is concluding. The appointment is also subject to shareholder approval at the ensuing AGM.
The meeting commenced at 4:00 PM and 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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