Fidel Softech Board Approves Financial Results for FY 2025-26, Recommends Dividend, and Approves Auditor Reappointments
Fidel Softech Limited announced key outcomes from its Board of Directors meeting held on April 27, 2026. During the meeting, the Board approved the audited consolidated and standalone financial results for the quarter, half year, and year ended March 31, 2026, alongside the corresponding unmodified audit report.The company confirmed that Kirtane and Pandit LLP, the Statutory Auditors, issued their Audit Report on the Annual Audited Consolidated and Standalone Financial Statements for the Financial Year ended March 31, 2026, with an unmodified opinion.
Dividend Recommendation
A significant outcome of the board meeting was the recommendation of a final dividend for the Financial Year 2025-26. The Board recommended a dividend of Rs. 2.25 per equity share, representing 22.5% of the Face value of Rs. 10 per share.The proposed Final Dividend will be paid within 30 days of receiving shareholder approval at the upcoming Annual General Meeting. The record date for determining eligible shareholders for the dividend is set as July 17, 2026.
Statutory and Internal Appointments
The Board also approved the reappointment of key financial oversight personnel for the coming financial years.The details of the approved reappointment and their terms are summarized below:
| Appointment Type | Firm/Individual | Tenure | Financial Year | Condition |
|---|---|---|---|---|
| Statutory Auditors | Kirtane and Pandit LLP | Second term of 4 years | N/A | Subject to shareholder approval |
| Internal Auditors | M/s Milind Sangoram and Company (Chartered Accountants) | 1 Year | 2026-27 | Approved |
| Secretarial Auditors | Mr. Abhijit Dakhawe (Company Secretary) | 1 Year | 2026-27 | Approved |
The reappointment of the statutory auditors for the second four-year term, as well as the reappointment of the internal and secretarial auditors for the Financial Year 2026-27, received board approval.
FIDEL Stock Price Movement
Today, Fidel Softech Limited shares edged higher, closing at ₹156.05, reflecting a gain of 13.57% for the day. The equity saw a robust 50,000 shares in total traded volume, having established a trading range today between ₹140.00 and ₹159.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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