Dhanuka Agritech Approves Buyback, Final Dividend, and New ESOP/SAR Plans
Dhanuka Agritech's Board approved FY26 audited results and recommended a 100% final dividend (₹2/share). A buyback of up to 5 lakh shares at ₹1,400 each, aggregating ₹70 Crore, was also approved. New ESOP and SAR plans were introduced, subject to shareholder approval at the 41st AGM on August 3, 2026. The company will also establish overseas subsidiaries.
The share buyback, dividend announcement, and approval of new employee stock option plans are material events that can significantly impact shareholder value and company strategy.
The announcement details positive corporate actions including the approval of financial results, a significant share buyback, and a final dividend recommendation, along with strategic initiatives for international expansion.
Dhanuka Agritech Limited announced a series of significant corporate actions following its Board of Directors meeting held on May 19, 2026. The company approved the audited financial results for the quarter and financial year ended March 31, 2026, with an unmodified opinion from its statutory auditors, SS Kothari Mehta & Co. LLP.
The Board also approved a proposal to buy back up to 5,00,000 equity shares at ₹1,400 per share, aggregating up to ₹70 Crore. The record date for this buyback has been fixed as May 29, 2026.
Furthermore, the company recommended a final dividend of 100% (₹2 per equity share) for the financial year 2025-26, subject to shareholder approval at the ensuing 41st Annual General Meeting (AGM). The record date for the dividend is July 17, 2026.
In terms of employee benefits, the Board approved the introduction of the Dhanuka Employee Stock Option Plan 2026 and the Dhanuka Stock Appreciation Rights Plan, 2026. These plans, which involve up to 50,000 equity shares for ESOPs and 1,25,000 SARs, are subject to shareholder approval at the upcoming AGM.
The 41st AGM is scheduled to be held on August 3, 2026, via Video Conferencing. The company also noted the retirement of K.B. Kejariwal, Senior Management Personnel, effective March 31, 2026, and re-appointed M/s. N Khandelwal & Co. as Cost Auditors for FY 2026-27.
Additionally, Dhanuka Agritech approved the establishment of Wholly Owned Subsidiaries outside India in European countries and Brazil, with an initial investment limit of ₹1 Crore per entity, to support international business growth.
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Dhanuka Agritech 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 high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Dhanuka Agritech Limited. Read the original for the full detail.