Mastek approves ₹16 per share final dividend at 44th AGM

0 min read | Published on 07 Sept 2026, 09:51 PM |Updated on 07 Sept 2026, 09:51 PM

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Anirudha BScanX News Team

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Key Highlights

Mastek declared a final dividend of ₹16 per equity share for FY26
Shareholders approved audited financial statements for the year ended March 31, 2026
Umang Nahata was reappointed as director liable to retire by rotation
An interim dividend of ₹8 per share was also confirmed by shareholders

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

Mastek Limited held its 44th Annual General Meeting on September 7, 2026, where shareholders approved the adoption of audited financial statements for FY26 and declared a final dividend of ₹16 per equity share.

The meeting, conducted via video conferencing, commenced at 5:00 pm and concluded at 5:57 pm. Chairman Ashank Desai and CEO Umang Nahata addressed members on company performance and industry trends.

Key Resolutions

Shareholders passed three ordinary resolutions during the proceedings:

Adoption of standalone and consolidated audited financial statements for the year ended March 31, 2026.
Confirmation of an interim dividend of ₹8 per equity share and declaration of a final dividend of ₹16 per equity share for FY26.
Reappointment of Umang Nahata as a director liable to retire by rotation.

Governance and Attendance

Key managerial personnel present included CFO Deepak Kedia and Company Secretary Reena Raje. Statutory auditors Walker Chandiok & Co. LLP and secretarial auditor P. Mehta & Associates were also in attendance.

Remote e-voting was available from September 3 to September 6, 2026. The scrutinizer confirmed the voting process was conducted fairly and transparently.

Historical Stock Returns for Mastek

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.58%	-11.03%	-8.19%	+8.44%	-32.05%	0.0%

How will the total dividend payout of ₹24 per share impact Mastek's free cash flow and capital allocation strategy for FY27?

What specific growth initiatives or market expansions did CEO Umang Nahata highlight during his address to justify the company's performance in FY26?

Given the reappointment of Umang Nahata, what are the leadership's stated priorities for navigating current industry trends and technological shifts?

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Mastek's Marilyn Jones ceases as independent director on Sep 4

0 min read | Published on 04 Sept 2026, 06:11 PM |Updated on 04 Sept 2026, 06:11 PM

Reviewed by

Jubin VScanX News Team

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Key Highlights

Marilyn Jones ceases as Independent Director on September 4, 2026
Departure follows completion of her tenure at Mastek Limited
Board appreciates her contributions and guidance during her term
Disclosure made under Regulation 30 of SEBI Listing Regulations

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

Mastek Limited announced that Ms. Marilyn Jones has ceased to be an Independent Director of the company with effect from September 4, 2026.

The departure follows the completion of her tenure as an Independent Director. The cessation took effect at close of business hours on September 4, 2026.

Board Appreciation

The Board of Directors and Management expressed deep appreciation for Ms. Jones' contributions, guidance, and services rendered during her tenure.

Regulatory Disclosure

The company made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The filing references SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Reena Abhijit Raje, Company Secretary & Compliance Officer, signed the communication addressed to the Listing Departments of BSE Limited and The National Stock Exchange of India Limited.

Historical Stock Returns for Mastek