Astral Limited (ASTRAL) — Corporate Action Announcement
📢 Key Event
Astral declares Rs. 2.50 final dividend per share and re-appoints Sandeep Engineer as MD for 5 years.
🔄 What Changed
Final dividend of Rs. 2.50 per share proposed; MD re-appointment for 5-year term announced.
🔮 What's Next
Annual General Meeting to be scheduled; dividend payment date to be communicated later.
💡 Investor Takeaway
Shareholders must approve the dividend and MD re-appointment at the AGM, directly affecting returns and leadership continuity.
Astral Limited announced a final dividend of Rs. 2.50 per share for FY2026, subject to shareholder approval at the upcoming AGM, alongside the re-appointment of Managing Director Sandeep Engineer for a five-year term starting April 1, 2027. The board also disclosed auditor's unmodified opinion on consolidated financial results.
📄 View Original Announcement (PDF)
About Astral Limited (ASTRAL)
Capital Goods · Industrial Products · Listed on NSE
Market Cap: ₹41,662.27 Cr
P/E: 79.2
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.