Orient Cement Board Approves FY26 Audited Results, Recommends 50% Dividend
Orient Cement's Board approved audited financial results for FY26 ending March 31, 2026. A dividend of ₹0.50 per share is recommended. The 15th AGM is scheduled for June 26, 2026. M/s. P.M. Nanabhoy & Co. appointed as Cost Auditors and Grant Thornton Bharat LLP as Internal Auditors.
The announcement includes the approval of financial results and a dividend recommendation, which are material for investors. Changes in auditors are routine but noted.
The approval of audited financial results and recommendation of a dividend are positive indicators for the company.
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, G. K. Choksi & Co., have issued an unmodified opinion on these results.
The Board also approved the convening of the 15th Annual General Meeting (AGM) on Friday, June 26, 2026, at 04:30 p.m. through Video Conferencing. A dividend of ₹0.50 per equity share (50%) for the Financial Year 2025-26 has been recommended, subject to shareholder approval. The Record Date for this dividend has been fixed as Friday, June 12, 2026, and the dividend is expected to be paid 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 and M/s. Grant Thornton Bharat LLP as the new Internal Auditors, replacing Mr. Shobhit Dwivedi who ceased his role 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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