Glenmark: Board Approves Interim Dividend and Reconstitutes Board Committees

Glenmark’s Board of Directors has approved an interim dividend of ₹2.50 per equity share for the financial year 2025-26, totaling ₹705.50 million. The record date for dividend payment is October 3, 2025, with payout within 30 days. The Board also reconstituted its committees, effective October 1, 2025, focusing on Stakeholders Relationship, Risk Management, and ESG.

Interim Dividend Approved

The Board has approved an interim dividend of ₹2.50 per equity share, with a face value of ₹1, for the financial year 2025-26. The total dividend payout amounts to ₹705.50 million. The record date for determining eligible shareholders is set for Friday, October 3, 2025. The interim dividend will be disbursed within 30 days from the declaration date.

Board Committee Reconstitution

The Board has also approved the reconstitution of its key committees, effective October 1, 2025. The changes affect the composition of the Stakeholders Relationship Committee, Risk Management Committee, and the ESG (Environmental, Social, and Governance) Committee.

Stakeholders Relationship Committee

Ms. Sona Saira Ramasastry will serve as the Chairman. Members include Mrs. Cherylann Pinto and Ms. Patricia Andrews.

Risk Management Committee

Mr. Dipankar Bhattacharjee will chair the committee. Members include Mr. Glenn Saldanha, Ms. Patricia Andrews, and Mr. Anurag Mantri.

ESG (Environmental, Social, and Governance) Committee

Mr. Glenn Saldanha will serve as Chairman. The committee members include Ms. Sona Saira Ramasastry, Mr. Pradeep Kumar Sinha, and Ms. Patricia Andrews.

Source: BSE

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