IVP recommends 15% final dividend; Reappoints Rajendra & Co as Statutory Auditors
IVP Limited's board approved audited financial results for the year ended March 31, 2026, and recommended a final dividend of 15% (₹ 1.5 per share). M/s. Rajendra & Co were re-appointed as Statutory Auditors for five years, subject to shareholder approval. Mr. Ranjeev Ugamraj Lodha and Ms. Mala Arun Todarwal were re-appointed as Independent Directors for five years, effective July 28, 2026, and June 11, 2026, respectively, subject to shareholder approval.
The dividend declaration and auditor re-appointment have a moderate impact on investors, signaling financial health and continuity.
The announcement includes positive elements such as dividend declaration and re-appointment of key personnel, indicating stability and confidence in the company's performance.
IVP Limited's Board of Directors approved the audited financial results (standalone) for the quarter and financial year ended March 31, 2026. The board recommended a final dividend of 15% (₹ 1.5 per share) on equity shares of ₹ 10 each, subject to members' approval at the 97th Annual General Meeting (AGM). If approved, the dividend will be credited/dispatched within the prescribed time.
The Board also approved the re-appointment of M/s. Rajendra & Co, Chartered Accountants, as Statutory Auditors for a second term of five consecutive years, from the conclusion of the 97th AGM until the conclusion of the 102nd AGM in calendar year 2031, subject to shareholder approval. M/s. Kishore Bhatia & Associates, Cost Accountants, were appointed as Cost Auditors for FY 2026-27.
Additionally, the Board approved the re-appointment of Mr. Ranjeev Ugamraj Lodha as an Independent Director for a second term of 5 years effective July 28, 2026, and Ms. Mala Arun Todarwal as an Independent Director for a second term of 5 years effective June 11, 2026, both subject to shareholder approval. The meeting commenced at 4:00 P.M. and concluded at 6:00 P.M.
What to do with a filing like this
IVP Limited filed this with the NSE as a statutory disclosure, categorised under annual 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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See the model portfoliosA plain-language summary of a public exchange filing by IVP Limited. Read the original for the full detail.