20 Microns declares ₹1.25 dividend, reappoints Sejal Parikh

2 min read     Updated on 31 Jul 2026, 01:14 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

20 Microns Limited held its 39th AGM on July 31, 2026, approving a ₹1.25 per share final dividend for FY26. Shareholders also adopted audited financials, reappointed Mrs. Sejal Parikh as a director, and ratified cost auditor fees for FY27. Voting results are due by August 3, 2026.

powered bylight_fuzz_icon
47029447

*this image is generated using AI for illustrative purposes only.

20 Microns Limited declared a final dividend of ₹1.25 per equity share for FY26 during its 39th Annual General Meeting (AGM) held on July 31, 2026. The meeting, conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM), also approved the adoption of audited standalone and consolidated financial statements for FY26 and the reappointment of Mrs. Sejal Parikh as a director. These approvals signal management’s confidence in the company’s financial health and provide immediate value to shareholders through dividend distribution.

The AGM commenced at 11:30 a.m. (IST) and concluded at 12:21 p.m. (IST), in compliance with Regulation 30 read with Schedule III of the SEBI Listing Regulations and the Companies Act, 2013. Mr. Rajesh C. Parikh, Chairman & Managing Director, presided over the proceedings. The Company Secretary, Ms. Komal Pandey, confirmed the presence of quorum and explained the e-voting process. Mr. Umesh Parikh of Parikh Dave & Associates was appointed as the Scrutinizer to ensure fair and transparent voting.

Shareholders transacted four ordinary resolutions during the meeting. In addition to the financial statements and dividend declaration, the board sought ratification for the remuneration of cost auditors payable for FY27. All resolutions were put to vote electronically.

Key Resolutions Passed

Resolution Description Type
Adoption of Audited Standalone & Consolidated Financial Statements for FY26 Ordinary
Declaration of final dividend @ ₹1.25 per equity share (25%) for FY26 Ordinary
Re-appointment of Mrs. Sejal Parikh as Director liable to retire by rotation Ordinary
Ratification of Remuneration of Cost Auditors payable for FY27 Ordinary

Directors and Key Personnel Present

The following directors and key managerial personnel attended the meeting via VC/OAVM:

  • Rajesh C. Parikh, Chairman & Managing Director
  • Atil C. Parikh, CEO & Managing Director
  • Sejal R. Parikh, Whole-time Director
  • Jaideep Verma, Independent Director
  • Dr. Swaminathan Sivaram, Independent Director
  • Dukhabandhu Rath, Independent Director
  • Prem Kumar Taneja, Independent Director

Key Managerial Personnel present included Mr. Nihad Baluch, Chief Financial Officer, and Ms. Komal Pandey, Company Secretary & Compliance Officer.

Audit and Scrutiny Oversight

Manubhai Shah LLP served as the Statutory Auditors, represented by Partners Mr. Gaurav Parmar and Mr. Bhaumik Thakkar. Mr. Pranit Shah, Sr. Finance Controller & Member, was also present. The e-voting facility remained open for 15 minutes post-conclusion of the AGM. The final voting results and Scrutinizer’s Report will be submitted to the stock exchanges on or before August 3, 2026, and made available on the company’s website.

Historical Stock Returns for 20 Microns

1 Day5 Days1 Month6 Months1 Year5 Years
+0.87%-3.81%+0.20%+15.14%-17.57%+203.49%

How will the declaration of a 25% payout ratio impact 20 Microns' free cash flow and its capacity to fund future capital expenditure projects?

What strategic initiatives is management prioritizing for FY27 given the reappointment of Mrs. Sejal Parikh and the ratification of cost auditor remuneration?

Does the adoption of the FY26 consolidated financial statements indicate any significant changes in revenue growth or margin expansion compared to FY25?

20 Microns fixes July 17 record date for ₹1.25 dividend

1 min read     Updated on 12 Jul 2026, 09:00 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

20 Microns Limited has fixed July 17, 2026, as the record date for a final dividend of ₹1.25 per share for FY26, pending AGM approval. The 39th AGM will be held via video conferencing on July 31, 2026. The company reported a 4.50% rise in consolidated revenue to ₹95,383.26 lakhs and a 6.70% increase in PAT to ₹6,667.00 lakhs for the year.

powered bylight_fuzz_icon
45134201

*this image is generated using AI for illustrative purposes only.

20 Microns Limited has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹1.25 per equity share of face value ₹5 each (25%) for the financial year ended March 31, 2026. The dividend, subject to approval at the upcoming Annual General Meeting (AGM), will be paid within 30 days of the declaration. The company has intimated the stock exchanges regarding the publication of newspaper advertisements for the 39th AGM, scheduled to be held on Friday, July 31, 2026, at 11:30 A.M. (IST) through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

Remote E-Voting and AGM Details

Shareholders can cast their votes remotely via the e-voting facility provided by National Securities Depository Limited (NSDL). The remote e-voting period commences on Tuesday, July 28, 2026, at 10:00 A.M. (IST) and concludes on Thursday, July 30, 2026, at 5:00 P.M. (IST). The voting rights of members are determined based on their shareholding as of the cut-off date, Friday, July 24, 2026. Members who have voted remotely may attend the AGM but are not entitled to vote again during the meeting.

Financial Performance for FY 2025-26

The company reported steady financial growth in FY 2025-26. On a consolidated basis, Revenue from Operations rose 4.50% year-on-year to ₹95,383.26 lakhs, while Profit After Tax increased 6.70% to ₹6,667.00 lakhs. Standalone revenue grew 3.66% to ₹82,403.69 lakhs, with a 6.87% rise in PAT to ₹6,023.06 lakhs. The Board has recommended the dividend consistent with the previous year's payout.

Particulars Consolidated FY26 Consolidated FY25 Standalone FY26 Standalone FY25
Revenue from Operations (₹ Lakhs) 95,383.26 91,278.52 82,403.69 79,491.98
Net Profit After Tax (₹ Lakhs) 6,667.00 6,248.47 6,023.06 5,635.98

Corporate Governance and Compliance

The Annual Report and AGM Notice have been dispatched electronically to members with registered email addresses. For members without registered emails, a web-link to access the report is being sent in compliance with SEBI regulations. The company noted that physical copies of the AGM Notice and Annual Report will not be dispatched. Statutory Auditors M/s. Manubhai & Shah LLP issued an unmodified opinion on the financial statements. The company's credit ratings were reaffirmed as Crisil A/Stable for long-term facilities and Crisil A1 for short-term non-fund-based facilities.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE144J01027/5556e79de4e84bd0.pdf

Historical Stock Returns for 20 Microns

1 Day5 Days1 Month6 Months1 Year5 Years
+0.87%-3.81%+0.20%+15.14%-17.57%+203.49%

Will 20 Microns maintain this dividend payout ratio in FY27 given the steady but modest profit growth?

What strategic initiatives is the company pursuing to accelerate revenue growth beyond the current 4.5% level?

How does the company plan to utilize its cash flows to potentially upgrade its CRISIL credit rating in the future?

More News on 20 Microns

1 Year Returns:-17.57%