Fine Organic Approves FY26 Results, Recommends ₹11 Dividend, Acquires 80% Stake in Oleofine Organics
Fine Organic Industries Limited approved its FY26 financial results and recommended a final dividend of ₹11 per share. The company will hold its 24th AGM on August 18, 2026. It also approved the acquisition of 80% of Oleofine Organics SDN. BHD. and appointed Mr. Shailendra Nadkarni as an Additional Director.
The acquisition of a significant stake in another company and the declaration of a dividend are material events for shareholders.
The company reported its financial results, recommended a dividend, and announced a strategic acquisition, all positive developments.
Fine Organic Industries Limited announced the outcome of its Board Meeting held on May 19, 2026. The Board approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. They also recommended a final dividend of ₹11 per equity share for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming 24th Annual General Meeting (AGM).
The company has decided to convene its 24th AGM on Tuesday, August 18, 2026. Furthermore, the Board approved the acquisition of an 80% stake in Oleofine Organics SDN. BHD., Malaysia.
In a significant management change, Mr. Shailendra Nadkarni was approved as an Additional Director in the capacity of Non-executive Independent Director for a term of five years, effective May 19, 2026, pending shareholder approval.
The Board meeting commenced at 12:00 noon and concluded at 4:40 p.m.
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Fine Organic Industries 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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