Servotech Renewable Power System Recommends 2% Final Dividend, Reports FY26 Results
Servotech Renewable Power System Limited announced 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 dividend and the reporting of financial results are material events for shareholders, impacting the company's valuation and investor sentiment.
The company reported its financial results and recommended a dividend, which are generally positive signals for 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 company recommended a final dividend of 2% (₹0.02 per equity share of face value ₹1) for the financial year 2025-2026, subject to shareholder approval at the upcoming Annual General Meeting. The dividend will be credited to eligible shareholders' accounts within 30 days of approval.
The company also re-appointed M/s. N N Sharma & Associates as the Cost Auditor for the financial year 2026-27. Additionally, the Board approved the reconstitution of the Risk Management Committee with the addition of Mr. Vipin Kaushik, Chief Financial Officer, as a member.
The audited financial results for the fourth quarter and full financial year ended March 31, 2026, were presented with an unmodified opinion from the Statutory Auditors, M/s. Rohit KC Jain & Co. The 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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