Shakti Pumps (India) Limited announced the outcome of its Board Meeting held on May 07, 2026. The Board considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, along with the Auditor’s Report. A declaration of unmodified opinion from the auditors was also enclosed. The Board recommended a final dividend of ₹1 per Equity Share (10%) for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting (AGM). The record date for determining entitlement to this dividend has been fixed as July 29, 2026. The 31st AGM is scheduled to be held on August 5, 2026, through Video Conferencing. The Board also approved the Board Report, Corporate Governance Report, Management Discussion and Analysis Report, and Business Responsibility and Sustainability Report for the financial year ended March 31, 2026. Furthermore, the re-appointment of Mr. Dinesh Patidar as Chairman cum Whole-time Director and Mr. Ramesh Patidar as Managing Director for a further term of three years, commencing May 07, 2026, was approved, pending shareholder approval. M/s. M.P. Turakhia & Associates have been appointed as Cost Auditor for the Financial Year 2026-27. The Board Meeting commenced at 04:00 P.M. and concluded at 8:23 P.M.
