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Manorama Industries Ltd. Announces Financial Results and Board Changes

Story Highlights
  • Manorama Industries approved its annual financial results and recommended a final dividend.
  • The company appointed a new director and planned a postal ballot for shareholder approvals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An update from Manorama Industries Ltd. ( (IN:MANORAMA) ) is now available.

Manorama Industries Ltd. announced several key decisions following its recent board meeting. The company approved its annual audited financial results for the fiscal year ending March 31, 2025, with an unmodified opinion from its auditors. Additionally, a final dividend of Rs. 0.60 per equity share was recommended, subject to approval at the upcoming AGM. The board also confirmed the reappointment of internal and cost auditors for the next financial year and appointed Ms. Subhaprada Nishtala as an additional non-executive independent director. The company is also set to conduct a postal ballot for shareholder approval of these appointments, utilizing remote e-voting services.

More about Manorama Industries Ltd.

Manorama Industries Ltd. operates in the manufacturing sector, specializing in the production of specialty fats and oils. The company is recognized as a Star Export House by the Government of India and holds various certifications including FSSC 22000, ISO 9001, and others, indicating its commitment to quality and sustainability.

YTD Price Performance: 14.97%

Average Trading Volume: 6,893

Current Market Cap: 72.52B INR

For a thorough assessment of MANORAMA stock, go to TipRanks’ Stock Analysis page.

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