Lambodhara Textiles Board Approves FY26 Audited Results, Recommends 10% Dividend
Lambodhara Textiles declared audited financial results for FY26. The company recommended a dividend of Re.0.50 per share (10%). Key appointments include M/s. C.S. Hanumantha Rao & Co. as Cost Auditors and Cameo Corporate Services as new RTA. Three Whole-Time Directors were re-appointed for 3-year terms.
The dividend recommendation and re-appointments of key management personnel are significant events for shareholders and stakeholders, impacting corporate governance and strategic direction.
The company reported audited financial results, recommended a dividend, and approved several key appointments and re-appointments, indicating positive corporate governance and financial health.
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 Flow Statement. The statutory auditors have expressed an unmodified audit opinion.
The Board recommended a dividend of Re.0.50 per equity share (10%) for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Furthermore, 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. The company also approved the appointment of Cameo Corporate Services Limited as the new Registrar and Share Transfer Agent (RTA), replacing MUFG Intime India Private Limited.
Additionally, 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 3 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 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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