Servotech Renewable Power System Ltd. Board Approves Audited Financials & Recommends 2% Final Dividend
Servotech Renewable Power System Limited approved audited standalone and consolidated financial results for FY26. The company recommended a final dividend of 2% (₹0.02 per share) for FY26, subject to shareholder approval. M/s. N N Sharma & Associates were re-appointed as Cost Auditors for FY27.
The recommendation of a final dividend and approval of financial results are material events for shareholders, impacting their investment decisions. The re-appointment of the cost auditor is a routine corporate action.
The company reported audited financial results and recommended a final dividend, which are positive indicators for shareholders.
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, with an unmodified audit opinion from M/s. Rohit KC Jain & Co.
The company also 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 Risk Management Committee has also been reconstituted with the addition of Mr. Vipin Kaushik, Chief Financial Officer, 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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