Rossell India Limited Announces Financial Results, Dividend Recommendation, and Director Changes

Rossell India Limited Announces Financial Results, Dividend Recommendation, and Director Changes​

Rossell India Limited announced the outcome of its Board Meeting held on May 21, 2026, detailing the audited financial results for the fourth quarter and the financial year ended March 31, 2026. The Board also recommended a dividend and announced key changes to its Board of Directors, including the retirement of Mr. Nirmal Kumar Khurana and the appointment of Mr. Digant Mahesh Parikh.

Financial Performance for FY 2025-2026​

The company released its audited financial results for the fourth quarter and the year-to-date period ending March 31, 2026, along with an Auditor's Report.

According to the published statements, the company recorded the following key figures (in Rs. in lakhs):


The Statement of Assets and Liabilities showed the company's Total Assets at ₹29,436 lakhs as of March 31, 2026, compared to ₹30,713 lakhs on March 31, 2025. Total Equity amounted to ₹19,975 lakhs, and Total Liabilities were ₹9,461 lakhs.

Dividend Recommendation and Corporate Actions​

The Board of Directors recommended a Dividend of Re. 0.40 per fully paid-up Equity Share of Rs. 2 each for the Financial Year ended March 31, 2026. This represents 20% on the paid-up Share Capital. This dividend recommendation is subject to declaration by the Members at the 32nd Annual General Meeting (AGM) scheduled for August 25, 2026.

The Record Date for determining entitlement for the dividend is fixed as Tuesday, August 18, 2026. The Register of Members and Share Transfer Books will be closed from August 19, 2026, to August 25, 2026, for the purpose of the AGM.

Board Changes: Retirement and New Appointment​

The Board reviewed significant changes concerning its directorship structure.

Retirement of Whole-time Director
The existing tenure of Mr. Nirmal Kumar Khurana as a Whole-time Director of the Company was noted to expire on August 31, 2026. The Board confirmed that due to Mr. Khurana reaching the age of superannuation and being a retiring director by rotation, he shall retire and cease to hold the office of a Director and Whole-time Director immediately upon the conclusion of the ensuing 32nd Annual General Meeting.

Appointment of New Director
The Board, based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Digant Mahesh Parikh as a Director and Whole-time Director of the Company.

Details of the appointment include:

• Name: Mr. Digant Mahesh Parikh
• DIN: 00212589
• Designation: Senior Vice President (Finance)
• Appointment Effective Date: August 26, 2026
• Term of Appointment: Three consecutive years, commencing from August 26, 2026, to August 25, 2029.

Mr. Parikh has been associated with the Company since November 2011 and holds a degree in Commerce from the University of Bombay and an MBA in Finance from Narsee Monjee Institute of Management Studies.

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Data presented in the article is based on the audited financial results, including the Cash Flow Statement for the year ended March 31, 2026.

ROSSELLIND Stock Price Movement​

Rossell India Limited shares today slipped by 0.02% to settle at ₹55.30. The stock concluded trading on a total volume of 18,777 shares.