Orient Cement Approves FY26 Results, Recommends ₹0.50 Dividend, Appoints New Auditors
Orient Cement approved audited financial results for FY26 ending March 31, 2026. The company recommended a dividend of ₹0.50 per share. The 15th AGM is scheduled for June 26, 2026. M/s. Grant Thornton Bharat LLP was appointed as the new Internal Auditor.
The announcement includes the approval of financial results, dividend recommendation, and auditor changes, which are significant corporate actions that can influence investor decisions.
The company announced positive financial results with an unmodified audit opinion, recommended a dividend, and appointed new auditors, indicating routine corporate actions and financial health.
Orient Cement Limited announced the outcome of its Board Meeting held on April 28, 2026. The Board approved the Audited Financial Results for the quarter and financial year ended March 31, 2026. The statutory auditors, M/s. G. K. Choksi & Co., issued an unmodified opinion on these results.
The company also proposed to convene its 15th Annual General Meeting (AGM) on Friday, June 26, 2026, at 04:30 p.m. via Video Conferencing. A dividend of ₹0.50 per equity share (50%) for the Financial Year 2025-26 was recommended, subject to shareholder approval. The record date for this dividend has been fixed as Friday, June 12, 2026, with the payment expected on or after Wednesday, July 1, 2026.
Furthermore, the Board approved the appointment of M/s. P.M. Nanabhoy & Co. as Cost Auditors for the Financial Year 2026-27. M/s. Grant Thornton Bharat LLP has been appointed as the new Internal Auditor, replacing Mr. Shobhit Dwivedi due to organizational restructuring. The Board Meeting commenced at 6:00 p.m. and concluded at 7:00 p.m.
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Orient Cement 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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