Indef Manufacturing Limited Approves FY26 Results, Recommends Final Dividend of Rs. 2 per Share

Indef Manufacturing Limited Approves FY26 Results, Recommends Final Dividend of Rs. 2 per Share​

Indef Manufacturing Limited announced the outcomes of its Board of Directors meeting held on May 25, 2026. The Board unanimously approved the audited Standalone and Consolidated Financial Results for the quarter and the full financial year ended March 31, 2026.

The company also recommended a Final Dividend of Rs. 2/- (200%) per Equity Share for the fiscal year ended March 31, 2026. This dividend recommendation is subject to approval by the shareholders at the ensuing Annual General Meeting (AGM).

Financial Performance Overview​

The Board took note of the audit report issued by the Statutory Auditors, confirming the audited standalone and consolidated financial results.

The financial performance for the year ended March 31, 2026, showed the following key figures (amounts are in lakhs):


The Statement of Standalone and Consolidated Audited Assets and Liabilities as at March 31, 2026, reported the following totals (in lakhs):

Corporate Governance and Committee Changes​

The Board of Directors formalized several structural and governance decisions during the meeting:

• Additional Directors: The Board approved the appointment of Shri Mahendrakumar Gohe as an Additional Director (Non Executive Independent), effective May 25, 2026. Separately, Smt. Pooja Bajaj was approved for appointment as an Additional Director (Non Executive Non Independent), to hold office until the date of the next AGM or the last date the AGM should have been held, whichever is earlier.
• Cost Auditor: The Board approved the appointment of M/s. Aatish Dhatrak & Associates, Cost Accountants, to serve as the Cost Auditors for the financial year 2026-27.
• Committee Dissolution: The Risk Management Committee was dissolved, effective May 25, 2026, as it was deemed not applicable.

Shareholder Meeting and Dividend Cycle​

The company announced key dates for its shareholders:

• Annual General Meeting (AGM): The 41st AGM is scheduled for Monday, August 12, 2026, at 05:00 PM (IST) via Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
• Record Date: The closure date for the Register of Members and Share Transfer Books has been fixed from Thursday, August 06, 2026, to Wednesday, August 12, 2026. Shareholders holding shares as on the cut-off date, Wednesday, August 05, 2026, are entitled to the dividend.

Other Highlights​

The Board also approved the following operational and statutory adjustments:

• The appointment of M/s. Aatish Dhatrak & Associates as Cost Auditors was confirmed for the financial year 2026-27.
• The company reported a significant total comprehensive income of 2,633.37 lakhs for the full year ending March 31, 2026, including the results of Daedalus Lift & Access Equipment Private Limited, which became a subsidiary with effect from August 22, 2025.

BAJAJINDEF Stock Price Movement​

Shares of Indef Manufacturing Limited today slipped by 0.25% to settle at ₹280.5. The stock saw trading volume of 28,267 shares during the session.