Last Mile Enterprises Approves FY2026 Financials, Recommends Dividend and Appoints New Internal Auditor

Last Mile Enterprises Approves FY2026 Financials, Recommends Dividend and Appoints New Internal Auditor

Last Mile Enterprises Approves FY2026 Financials, Recommends Dividend and Appoints New Internal Auditor​

Last Mile Enterprises Ltd., formerly known as Trans Financial Resources Limited, announced several key resolutions following its Board of Directors meeting held on June 06, 2026. The board transacted matters including the approval of financial results for the year ended March 31, 2026, and recommended a final dividend payment to shareholders.

The company's board approved the audited Standalone and Consolidated Financial Results for the quarter and year ended on March 31, 2026. The approval also covered the Statement of Deviation and Variation Report issued by the Statutory Auditor.

In terms of shareholder benefits, the board recommended a Final Dividend on equity shares at a rate of 2% on the face value of Rs. 1/- per share. This recommendation translates to a dividend amount of Rs. 0.02 per share, pending approval at the forthcoming general meeting of the company.

Additionally, the directors approved the appointment of M/S KIRAN BULCHANDANI & ASSOCIATES as the Internal Auditor for the financial year 2026-27. The selection was finalized during the board meeting on June 06, 2026.

Details regarding the newly appointed firm are provided below:

Name of FirmM/S KIRAN BULCHANDANI & ASSOCIATES
Reason for ChangeAppointment
Date of AppointmentJune 06, 2026
Term of AppointmentInternal Audit Report for F.Y. 2026-27
Brief ProfilePracticing Chartered Accountant

Stock Price Movement​

Last Mile Enterprises Ltd. closed lower on Friday, settling at ₹9.46, down 2.67%. Shares traded through an intraday range, touching a high of ₹9.75 but eventually hitting a low of ₹9.24.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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