Servotech Renewable Power System Limited Recommends 2% Final Dividend, Reports FY26 Results
Servotech Renewable Power System Limited reported its audited standalone and consolidated financial results for the year ended March 31, 2026. The company recommended a final dividend of 2% (₹0.02 per share). The Board also re-appointed the Cost Auditor and reconstituted the Risk Management Committee.
The recommendation of a final dividend and the approval of financial results are material information for shareholders. The reconstitution of committees is a standard corporate action.
The announcement includes the approval of financial results, a dividend recommendation, and routine corporate governance updates, which are generally viewed positively by investors.
Servotech Renewable Power System Limited (formerly Servotech Power Systems Limited) announced the outcome of its Board Meeting held on April 30, 2026. The board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Statutory Auditors, M/s. Rohit KC Jain & Co., have provided an unmodified opinion on these results.
The company recommended a final dividend of 2% (₹0.02 per equity share of face value ₹1 each) for the financial year 2025-2026. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting (AGM), and the dividend will be credited to eligible shareholders' accounts within 30 days of approval.
Furthermore, the board approved the re-appointment of M/s. N N Sharma & Associates as the Cost Auditor for the financial year 2026-27. The company also announced the reconstitution of its Risk Management Committee, with Mr. Vipin Kaushik, Chief Financial Officer, being appointed as a member.
The board meeting commenced at 3:00 PM IST and concluded at 9:25 PM IST.
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Servotech Renewable Power System 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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