Tata Consumer Products approves ₹10 dividend at 63rd AGM

1 min read     Updated on 12 Jun 2026, 04:45 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Tata Consumer Products Limited held its 63rd Annual General Meeting on June 10, 2026, approving a dividend of ₹10 per share for FY26. Shareholders adopted the audited financial statements and re-appointed directors Mr. Ajit Krishnakumar and Dr. K. P. Krishnan.

powered bylight_fuzz_icon
42662516

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

Tata Consumer Products Limited held its 63rd Annual General Meeting on June 10, 2026, via video conference, approving a dividend of ₹10 per equity share for the financial year ended March 31, 2026. The meeting, chaired by Mr. N. Chandrasekaran, saw the adoption of audited standalone and consolidated financial statements and the re-appointment of key directors. All six resolutions were passed with the requisite majority as per the scrutinizer's report.

The Board recommended a dividend of ₹10 per equity share of the face value of Re. 1 each for FY26. Shareholders approved the adoption of the audited standalone and consolidated financial statements for the same period. The Auditor’s Report on these financial statements had no qualifications, reservations, or adverse remarks.

Voting Results

Remote e-voting was facilitated from June 6 to June 9, 2026, with 8,21,502 shareholders on record as of the cut-off date of June 3, 2026. A total of 2,071 members cast votes through remote e-voting, and 11 members voted during the meeting. The scrutinizer, Dr. Asim Kumar Chattopadhyay, confirmed that all resolutions were passed.

Resolution Votes For Votes Against % For
Dividend (₹10/share) 724,273,652 3,919 99.9995
Standalone Financials 723,987,098 58,635 99.9919
Consolidated Financials 723,987,055 58,635 99.9919
Re-appointment of Mr. Ajit Krishnakumar 712,711,589 11,559,801 98.4039
Re-appointment of Dr. K. P. Krishnan 709,290,444 14,980,946 97.9316
Cost Auditor Ratification 724,264,328 12,958 99.9982

Resolutions Passed

The re-appointment of Mr. Ajit Krishnakumar as Director, who retires by rotation, was approved. Additionally, Dr. K. P. Krishnan was re-appointed as an Independent Director for a second term of five years commencing from October 22, 2026. Shareholders also ratified the remuneration payable to M/s. Shome & Banerjee, Cost Accountants, for FY27.

Mr. Sunil D'Souza, Managing Director & CEO, presented a comprehensive overview of the company's performance for FY26, highlighting strategic priorities and business growth in India and international markets. The company provided a live webcast of the proceedings, and the recording is available on its website.

Historical Stock Returns for Tata Consumer Products

1 Day5 Days1 Month6 Months1 Year5 Years
-0.71%-4.23%-13.40%-3.62%-0.33%+55.77%

How does the ₹10 per share dividend align with Tata Consumer's capital allocation strategy for future growth?

What strategic priorities did the CEO highlight for expanding market share in India and international markets?

Will the company maintain its current dividend payout ratio in light of potential investment opportunities?

like15
dislike

Tata Consumer Products Set to Increase Capital Expenditure by 16% in FY27

0 min read     Updated on 11 Jun 2026, 09:10 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Tata Consumer Products is set to increase its capital expenditure by 16% in FY27, as reported by Financial Express. The planned rise reflects the company's continued focus on business investment and operational growth. No specific capex figures or detailed allocation breakdowns were available in the source data.

powered bylight_fuzz_icon
42694800

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

Tata Consumer Products is set to raise its capital expenditure by 16% in FY27, according to a report by Financial Express. The planned increase signals the company's intent to continue investing in its business infrastructure and operational capacity during the fiscal year.

Planned Capital Expenditure Increase

The reported 16% rise in capex for FY27 underscores Tata Consumer Products' commitment to scaling its operations. Capital expenditure increases of this magnitude typically reflect investments in manufacturing facilities, supply chain enhancements, or capacity expansion, though the specific allocation details were not provided in the source data.

Parameter: Details
Capex Change (FY27): +16%
Source: Financial Express

The development highlights the company's forward investment stance as it heads into FY27. No additional financial figures, specific capex amounts, or further operational details were disclosed in the available source material.

Historical Stock Returns for Tata Consumer Products

1 Day5 Days1 Month6 Months1 Year5 Years
-0.71%-4.23%-13.40%-3.62%-0.33%+55.77%

What specific areas will Tata Consumer Products prioritize with the increased capital expenditure?

How will the 16% capex rise impact the company's profitability in the short term?

Will the investment lead to expansion into new markets or product categories?

like15
dislike

More News on Tata Consumer Products

1 Year Returns:-0.33%