Minda Corporation’s board approved an interim dividend of ₹0.60 per share. Ajay Agarwal is appointed Group CFO. Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were approved. Employee Stock Option Scheme 2025 was also approved, along with amendments to the 2017 scheme. The record date for the dividend is February 13, 2026.
Interim Dividend Declared
The Board of Directors has approved an interim dividend of ₹0.60 per equity share (30%) on 239,079,428 equity shares. The dividend will be paid on or before March 06, 2026. The record date for determining shareholders’ eligibility for the dividend payment is set for February 13, 2026.
Appointment of Group CFO
Ajay Agarwal has been appointed as the Group Chief Financial Officer (GCFO), effective February 05, 2026. He will also continue in his role as President of Finance & Strategy. In addition, Ajay Agarwal will take on the role of Group Chief Risk Officer (GCRO).
Financial Results Approved
The Board approved the unaudited standalone and consolidated financial results for Q3 2026, ending December 31, 2025.
Employee Stock Option Scheme
The ‘Minda Employee Stock Option Scheme 2025’ (ESOP 2025) has been approved, including the grant of stock options to employees of subsidiary and group companies. Amendments to the ‘Employee Stock Option Scheme 2017 (ESOP 2017)’ were also approved, including the transfer of unutilized equity shares to ‘Minda – Employee Stock Option Scheme 2025’.
Financial Performance Highlights (Standalone)
Key figures from the unaudited standalone financial results include:
- Revenue from operations: ₹1,26,336 lakhs
- Total income: ₹1,29,254 lakhs
- Profit after tax: ₹7,940 lakhs
Financial Performance Highlights (Consolidated)
Key figures from the unaudited consolidated financial results include:
- Revenue from operations: ₹1,56,029 lakhs
- Total income: ₹1,56,366 lakhs
- Profit after tax: ₹8,427 lakhs
Source: BSE
