Astral Limited has released its audited financial results for the quarter and year ended March 31, 2026. The board has recommended a final dividend of Rs. 2.50 per equity share, subject to shareholder approval. Additionally, the company announced the re-appointment of Mr. Sandeep Engineer as Managing Director for a five-year term, spanning from April 1, 2027, to March 31, 2032.
Financial Highlights
The Board of Directors reviewed and approved the audited standalone and consolidated financial results for the quarter and fiscal year ended March 31, 2026. Statutory auditors have provided an unmodified opinion on the financial performance for the year, confirming the transparency and accuracy of the reported results.
Dividend Recommendation
Reflecting the company’s commitment to delivering value to its shareholders, the board has recommended a final dividend of Rs. 2.50 per equity share (with a face value of Rs. 1/- each) for the financial year ended March 31, 2026. This payout remains subject to the final approval of members at the upcoming Annual General Meeting. Details regarding the meeting date and payment schedule will be announced in due course.
Leadership Continuity
In a move to ensure strategic stability, Mr. Sandeep Engineer has been re-appointed as the Managing Director of Astral Limited. The new term is set for five years, effective from April 1, 2027, through March 31, 2032. Mr. Engineer, who founded the company in 1996, continues to lead Astral’s evolution into a diversified building materials group. The board also noted the professional familial structure, confirming Mr. Engineer is the spouse of Whole Time Director Mrs. Jagruti Engineer and the father of Whole Time Director Mr. Kairav Engineer.
Source: BSE
