NLC India Recommends ₹0.25 Final Dividend; Approves FY26 Audited Results & Auditor Appointments
NLC India's board approved FY26 audited results and recommended a final dividend of ₹0.25 per share, subject to C&AG audit and shareholder approval. They appointed M/s Dhananjay V Joshi Associates as Cost Auditors and multiple firms including Keshri & Associates as Internal Auditors for FY 2026-27. The audit report, issued by M/s. Sundaram & Srinivasan and M/s. PKF Sridhar & Santhanam LLP, was unmodified.
The dividend recommendation and auditor appointments are relevant for investors and stakeholders, indicating a moderate level of impact on the company's operations and investor confidence.
The announcement includes positive elements such as the recommendation of a dividend and the approval of financial results, as well as the appointment of auditors, suggesting stability and compliance.
NLC India Limited's Board of Directors, in a meeting held on 13th May, 2026, approved the standalone and consolidated audited financial results for the quarter and year ended 31st March, 2026. The Audit Committee reviewed and recommended these results, which were subsequently approved by the Board. The Joint Statutory Auditors, M/s. Sundaram & Srinivasan and M/s. PKF Sridhar & Santhanam LLP, issued an unmodified audit report on the annual audited financial results.
The Board recommended a final dividend of 2.50% (₹0.25 per equity share) for the financial year 2025-26, subject to C&AG audit and approval of members at the upcoming Annual General Meeting. Details regarding the closure of the Register of Members, Share Transfer Books, Record date, and dividend payment/dispatch date will be intimated after fixing the AGM date.
Further, the board approved the appointment of M/s Dhananjay V Joshi Associates, Pune as Cost Auditors for FY 2026-27, and Keshri & Associates, Bandyopadhyaya Bhaumik Company, B. Rattan and Associates, JLN US and Co, MKPS and Associates, Tej Raj & Pal, Patro & Co, SPAN & Associates, BNCA & Co., D. K. Chhajer & Co and Ashok Chhajed and Associates as Internal Auditors for FY 2026-27. The meeting commenced at 16:30 hours and concluded at 18:30 hours.
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NLC India 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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