Rajoo Engineers Approves Final Dividend of ₹0.15/Share; Reappoints Auditors
Rajoo Engineers' Board approved FY26 audited financial results and recommended a final dividend of ₹0.15 per share. M/s. Savjani and Associates and M/s. Shailesh Thaker & Associates were reappointed as Internal and Cost Auditors respectively for FY27. Mr. Nikhil V. Gajjar resigned as Company Secretary & Compliance Officer.
The recommendation of a final dividend and the re-appointment of auditors are material events. The resignation of a Key Managerial Personnel is also significant. These factors collectively have a medium impact on the company's stakeholders.
The company announced a dividend and reappointed auditors, which are generally positive developments. The resignation of a KMP is noted but doesn't overshadow the positive financial results announcement and dividend recommendation.
Rajoo Engineers Limited announced the outcome of its Board Meeting held on April 28, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with the unmodified audit report from the statutory auditors.
Key decisions included the recommendation of a final dividend of ₹0.15 per equity share of Re. 1 each for the Financial Year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The Board also re-appointed M/s. Savjani and Associates as Internal Auditors and M/s. Shailesh Thaker & Associates as Cost Auditors for the financial year 2026-27, with their remuneration subject to shareholder ratification.
Additionally, the company noted and approved the resignation of Mr. Nikhil V. Gajjar as Company Secretary & Compliance Officer and Key Managerial Personnel, effective April 30, 2026. The detailed financial results and audit reports are enclosed as annexures.
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Rajoo Engineers 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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