🤑 Huge Executive Raises, Tiny Shareholder Dividends
Published by OOPSONLINE.IN · Source: scanx.trade · 1 min read · · Updated
😳 OOPS SAYS
Don't go spending that massive ₹0.05 dividend all in one place, shareholders. You have to save up if you want to fund the directors' shiny new multi-lakh monthly pay hikes.
What actually happened
Shareholders adopted FY26 audited financials and approved a final dividend of ₹0.05 per share. Promoters voted unanimously in favor of all resolutions, holding 61.6 million shares. Remuneration for MD Sushil Kumar Agrawal increased to ₹12.50 lakh per month. Non-institutional public shareholder participation stood at just 2.06% of outstanding shares. New appointment of Devansh Agrawal as VP Business Development at ₹8 lakh monthly pay.
Key points
- Shareholders adopted FY26 audited financials and approved a final dividend of ₹0.
- Promoters voted unanimously in favor of all resolutions, holding 61.
- Remuneration for MD Sushil Kumar Agrawal increased to ₹12.
- 50 lakh per month.
Summary based on data provided by scanx.trade. Full article available at the original publisher.
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