Mumbai, Aug. 26 -- Under the proposal, shareholders will receive one bonus equity share of Rs 5 each for every one fully paid-up equity share held as on the record date.

The company will announce the record date in due course. The company's free reserves and retained earnings available for capitalization stood at Rs 655.12 crore as of 31 March 2026.

The board also recommended a final dividend of Rs 3 per equity share of Rs 5 each for FY2026. The record date or book closure period for the dividend will be announced separately.

The board approved the appointment of Rana Pratap Janumahanti, son of chairman and managing director Lakshmana Rao Janumahanti, as director - marketing and strategy and whole-time director for five years from 1 Oc...