Tanfac Industries approves ₹4.50 per share final dividend for FY26
- Final dividend of ₹4.50 per share approved for FY26
- Audited financial statements for FY26 adopted by shareholders
- Afzal Malkani's remuneration revision approved via special resolution
- Record revenue and production levels reported for FY26
*this image is generated using AI for illustrative purposes only.
Tanfac Industries declared a final dividend of ₹4.50 per equity share for the financial year ended March 31, 2026. The payout was approved by shareholders during the company's 52nd Annual General Meeting held on September 23, 2026.
The meeting, conducted via video conferencing and other audio-visual means, saw the adoption of the audited financial statements for FY26. Members also ratified the appointment of Ramasamy Koteswara Rao and Co LLP as statutory auditors for five consecutive years.
Key resolutions passed
Shareholders approved seven ordinary resolutions and one special resolution during the meeting. The key decisions included:
- Adoption of audited financial statements, board report, and auditor's report for FY26.
- Declaration of a final dividend of ₹4.50 per equity share with a face value of ₹5 each.
- Re-appointment of R Karthikeyan as Director, retiring by rotation.
- Appointment of M D Baid & Associates as secretarial auditors for five years starting FY27.
- Revision in remuneration payable to Managing Director Afzal Malkani (Special Resolution).
| Resolution | Description | Type |
|---|---|---|
| 1 | Adopt audited financial statements for FY26 | Ordinary |
| 2 | Declare final dividend of ₹4.50 per share | Ordinary |
| 3 | Re-appoint R Karthikeyan as Director | Ordinary |
| 4 | Appoint Statutory Auditor for 5 years | Ordinary |
| 5 | Ratify Cost Auditor remuneration for FY27 | Ordinary |
| 6 | Appoint Secretarial Auditor for 5 years | Ordinary |
| 7 | Revise MD remuneration | Special |
Operational updates and outlook
Managing Director Afzal Malkani briefed members on the company's performance during FY26, highlighting record revenue and production levels. He detailed progress on key projects, including the Solar Grade Dilute Hydrofluoric Acid facility and the HFC-32 Refrigerant Gas Project. Malkani also outlined fund-raising initiatives undertaken after the financial year-end and the company's future growth strategy.
Dr. D Karthikeyan, Chairperson of the company, welcomed members and expressed appreciation for their participation. The meeting was attended by 88 members through digital means. The video recording of the proceedings is available on the company's website for public access.
Historical Stock Returns for TANFAC Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.23% | -1.20% | +3.07% | +76.22% | +40.92% | +906.24% |
How will the newly approved revision in Managing Director Afzal Malkani's remuneration impact Tanfac Industries' operating expenses and profit margins in FY27?
What are the projected timelines for commissioning the Solar Grade Dilute Hydrofluoric Acid facility, and how might this capacity expansion affect market share in the solar energy supply chain?
Given the mention of post-year-end fund-raising initiatives, what specific capital allocation strategies will prioritize between debt reduction and further expansion of the HFC-32 Refrigerant Gas Project?
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