Lambodhara Textiles Board Approves FY26 Audited Results, Recommends 10% Dividend
Lambodhara Textiles announced audited results for FY26. The company recommended a dividend of Re. 0.50 per share. Key appointments include re-appointment of three Whole-Time Directors and a new RTA. Cost and Internal Auditors were also re-appointed for FY27.
The announcement includes audited financial results, dividend recommendation, and changes in key personnel and auditors. These are material events for investors, impacting the company's governance and financial outlook.
The company reported audited financial results and recommended a dividend, indicating positive financial performance and shareholder returns. Re-appointments of directors and auditors also suggest stability.
Lambodhara Textiles Limited announced the outcome of its Board Meeting held on May 30, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, along with the Statement of Assets and Liabilities and Cash Flows. The statutory auditors have expressed an unmodified audit opinion.
The company's Board has recommended a dividend of Re. 0.50 per equity share (10% on the face value of Rs. 5) for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
In other key decisions, the Board approved the re-appointment of M/s. C.S. Hanumantha Rao & Co. as Cost Auditors and Mrs. K.V. Anandhi as Internal Auditor for the financial year 2026-27. Additionally, Cameo Corporate Services Limited has been appointed as the new Registrar to an issue and Share Transfer Agent (RTA) in place of MUFG Intime India Private Limited.
Furthermore, the Board approved the re-appointment of Mr. Balu Narayanasamy, Mrs. Bosco Giulia, and Mr. Nishanth Balu as Whole-Time Directors for further periods of three years each, effective from July 11, 2026, September 28, 2026, and December 7, 2026, respectively. These re-appointments are subject to shareholder approval at the ensuing AGM.
The Board Meeting commenced at 1:30 PM IST and concluded at 4:45 PM IST.
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Lambodhara Textiles 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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