ION Exchange (India) Limited (IONEXCHANG) — Board Meeting

📢 Key Event
Board approved audited FY2026 results, recommended dividend, and appointed cost auditor

🔄 What Changed
Dividend recommendation of ₹1.25 per share (125% payout) and appointment of Mis. R. Nanabhoy & Co. as cost auditor for 2026-27

🔮 What's Next
August 31, 2026 as record date for dividend payment

💡 Investor Takeaway
Shareholders receive ₹1.25 per share dividend, subject to AGM approval and payment within 30 days

The Board of ION Exchange (India) Limited approved audited standalone and consolidated financial results for the year ended March 31, 2026, recommending a dividend of ₹1.25 per share (125% of face value) with a record date of August 31, 2026. The Board appointed Mis. R. Nanabhoy & Co. as cost auditors for 2026-27 and confirmed an unmodified audit opinion by Deloitte Haskins & Sells LLP. An emphasis of matter highlighted SEBI-directed refund schemes and legal proceedings involving its subsidiary Ion Exchange Enviro Farms Limited, requiring a deposit of Rs. 22.02 crores. The filing also disclosed material impacts from new Labour Codes, including INR 1,454 lakhs in increased gratuity and leave liabilities recorded as an exceptional item.

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