Siddhika Coatings Limited Approves Statutory Auditor and Sets Record Date for Proposed Dividend
Siddhika Coatings Limited announced key outcomes from its Board of Directors meeting held on June 12, 2026. The meeting approved the appointment of a statutory auditor for a multi-year term and set the record date for shareholders regarding the proposed Final Dividend for the Financial Year 2025-26.The company decided that M/s JKSS & Associates, Chartered Accountants, would serve as the Statutory Auditors. This decision was made based on the recommendation of the Audit Committee. The appointment is subject to the final approval of members at the ensuing Annual General Meeting (AGM).
Auditor Appointment Details
JKSS & Associates will hold the role for a term of five consecutive years. The tenure begins from the conclusion of the upcoming Annual General Meeting and extends until the conclusion of the 21st Annual General Meeting of the company.The details concerning the appointment are as follows:
| Particulars | Details |
|---|---|
| Name of Auditor | M/s JKSS & Associates, Chartered Accountants |
| Role | Statutory Auditors |
| Term of Appointment | Five consecutive years |
| Status | Subject to approval by members at the ensuing AGM |
JKSS & Associates is a firm registered with the Institute of Chartered Accountants of India. The firm possesses experience in statutory audits, taxation, internal audits, GST advisory, financial reporting, and corporate compliance services. The company noted that there is no relationship between the auditors and the directors or Key Managerial Personnel (KMP).
Final Dividend Decision
In addition to the auditor appointment, the Board fixed July 4, 2026, as the Record Date. This date is designated for determining the entitlement of shareholders regarding the proposed Final Dividend.The proposed dividend stands at ₹4.00 per equity share, against a face value of ₹10/- each for the Financial Year 2025-26. As with the auditor appointment, this dividend decision remains subject to approval by the members at the ensuing Annual General Meeting. If approved, the Final Dividend shall be paid within the prescribed timelines under applicable laws.
SIDDHIKA Stock Price Movement
Today, Siddhika Coatings Limited shares edged higher to settle at ₹196.7, gaining 0.31% in the post-market trading session. The stock recorded a traded volume of 7,500 shares as it closed for the day.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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