Mangalam Cement Declares ₹1.50 Dividend, Approves FY26 Results, Appoints New Joint President
Mangalam Cement declared a final dividend of ₹1.50 per share for FY26. The company approved its audited standalone financial results for the year ended March 31, 2026. The AGM is scheduled for August 21, 2026, with a record date of August 14, 2026, for the dividend. Shri Pankaj Kumar was appointed Joint President (Operations).
The declaration of a dividend and the appointment of a key management personnel are material events for the company and its shareholders, while the approval of financial results is a routine but important disclosure.
The announcement includes a positive development of a recommended dividend and the appointment of a senior management personnel, alongside the approval of financial results.
Mangalam Cement Limited (MCL) announced the outcome of its Board of Directors meeting held on May 16, 2026. The Board approved the audited standalone financial statements for the financial year ended March 31, 2026, including the financial results for the quarter and year ended on that date. The company's auditors, Singhi & Co., provided unmodified audit reports for these results.
Key decisions from the meeting include the recommendation of a final dividend of ₹1.50 per equity share of ₹10 each for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
The Record Date for determining shareholder eligibility for the final dividend has been fixed as August 14, 2026. The company's AGM is scheduled to be held on Friday, August 21, 2026, through Video Conference (VC) and Other Audio Visual Means.
Furthermore, Shri Pankaj Kumar has been appointed as Joint President (Operations) in the Senior Management Personnel category, effective May 16, 2026. Mr. Kumar holds a Bachelor's Degree in Chemical Engineering and an MBA, with approximately 29 years of experience in the cement industry, having previously worked with companies like Shree Cement Limited, My Home Industries Limited, UltraTech Cement Limited, and Binani Cement Limited.
The Board meeting commenced at 1:00 PM IST and concluded at 4:00 PM IST.
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Mangalam Cement Limited filed this with the NSE as a statutory disclosure, categorised under dividend. 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 Mangalam Cement Limited. Read the original for the full detail.