PNC Infratech Appoints New CFO, Recommends 30% Dividend, Approves FY26 Results
PNC Infratech approved FY26 financial results and recommended a 30% dividend. Mr. Chakresh Kumar Jain was appointed CFO. M/s Sudhir Kumar Jain & Associates and M/s Gaurav Jain & Associates were appointed as Internal and Cost Auditors, respectively, for FY27.
The impact is medium as the dividend recommendation and financial results are positive. The appointment of a new CFO is also a material event for the company's governance and financial strategy.
The announcement is positive due to the approval of financial results, recommendation of a dividend, and appointment of key personnel, indicating stable operations and future outlook.
PNC Infratech Limited announced the outcome of its Board meeting held on May 19, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They also approved the auditor's report with an unmodified opinion.
The Board recommended a final dividend of 30% (₹0.60 per equity share) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The dividend, if approved, will be paid within thirty days of the AGM's conclusion.
Furthermore, the company appointed M/s Sudhir Kumar Jain & Associates as Internal Auditors and M/s Gaurav Jain & Associates as Cost Auditors for the financial year 2026-27. The remuneration for the cost auditors is subject to shareholder ratification at the ensuing AGM. The Annual Report for FY 2025-26 was also approved.
In a significant management change, Mr. Chakresh Kumar Jain has been appointed and designated as the Chief Financial Officer (CFO) of the Company. The company also confirmed that the financial results have been uploaded on its website.
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PNC Infratech 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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