Delta Corp Recommends 50% Final Dividend; Appoints New Auditors
Delta Corp recommended a final dividend of 50% (₹0.50 per share). The company also approved audited financial results for the quarter and year ended March 31, 2026. M/s. M S K C & Associates LLP has been recommended as the new Statutory Auditors for five years.
The dividend payout and auditor change are material events for shareholders and the company's governance.
The recommendation of a final dividend and the approval of financial results are positive developments for shareholders.
Delta Corp Limited announced that its Board of Directors, in a meeting held on April 22, 2026, approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The Board 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).
Additionally, the Board recommended the appointment of M/s. M S K C & Associates LLP as the new Statutory Auditors for a period of five consecutive years, commencing from the conclusion of the 35th AGM until 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 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 dividend. 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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