Delta Corp approves ₹0.50 per share dividend at FY26 AGM
- Shareholders approved a final dividend of ₹0.50 per equity share for FY26
- The 35th AGM was held virtually on September 10, 2026
- Jaydev Mody was re-appointed as Director retiring by rotation
- M/s. M S K C & Associates LLP appointed as Statutory Auditors
*this image is generated using AI for illustrative purposes only.
Delta Corp shareholders approved a final dividend of ₹0.50 per equity share for the financial year ended March 31, 2026, during its 35th Annual General Meeting. The payout represents a 50% dividend on the face value of ₹1 per share.
The meeting was held on Thursday, September 10, 2026, through Video Conferencing/Other Audio-Visual Means (OAVM). Mr. Jaydev Mody, Chairman, presided over the proceedings. Remote e-voting was conducted from September 7 to September 9, 2026.
Key Resolutions Passed
Shareholders approved several ordinary and special business items during the AGM:
- Adoption of audited standalone and consolidated financial statements for FY26 along with board and auditor reports.
- Re-appointment of Mr. Jaydev Mody as a Director, retiring by rotation.
- Appointment of M/s. M S K C & Associates LLP as Statutory Auditors.
- Approval for payment of commission to Non-Executive Directors.
Mr. Ashish Kumar Jain of M/s. A K Jain & Co. served as the scrutinizer for the voting process. Results were disseminated to stock exchanges and uploaded on the company website and NSDL portal within stipulated timelines.
Historical Stock Returns for Delta Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.35% | -3.73% | -15.15% | -4.04% | -35.03% | 0.0% |
How might the 50% dividend payout ratio impact Delta Corp's free cash flow and capital allocation strategy for FY27?
What are the implications of re-appointing Mr. Jaydev Mody as Director for the company's strategic continuity and governance stability?
Will the approval of commissions for Non-Executive Directors signal a shift in executive compensation structures or performance incentives?
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