Panchmahal Steel Limited’s Board approved audited financial results for FY 2024-25 and recommended a final dividend of Rs. 3 per share. The company re-appointed M/s Kiran J. Mehta & Co. as Cost Auditors and M/s Keyur Patel & Co. as Internal Auditors for FY 2025-26.
Panchmahal Steel Limited announced the outcome of its Board meeting held on May 23, 2025, where key financial and corporate decisions were made. The Board approved the audited financial results for the quarter and the financial year ended March 31, 2025. The company reported a stable financial performance and recommended a final dividend of Rs. 3 per equity share of Rs. 10 each, representing a 30% payout, subject to shareholder approval at the forthcoming Annual General Meeting.
In addition to dividend approval, Panchmahal Steel reappointed its cost and internal auditors for the financial year 2025-26. M/s Kiran J. Mehta & Co., Cost Accountants based in Ahmedabad, was reappointed as the Cost Auditor. Similarly, M/s Keyur Patel & Co., Chartered Accountants from Vadodara, were reappointed as Internal Auditors. These appointments ensure continuity in the company’s audit processes in compliance with regulatory requirements.
The Board meeting commenced at 12:30 pm and concluded by 2:10 pm, during which all resolutions were unanimously approved. Panchmahal Steel continues to emphasize strong governance practices, financial discipline, and shareholder value enhancement.For further details, shareholders and interested parties can Click Here.