Landmark Cars board clears FY26 financials and subsidiary merger
The board approved a final dividend of ₹1.50 per share and the merger of its East India subsidiary. These actions formalize results already known to the market.
— 6 earlier stories on Landmark Cars Ltd. →What's new
- Board recommended a final dividend of ₹1.50 per share.
- Approved the amalgamation of wholly-owned subsidiary Landmark Cars (East) Private Limited.
- Appointed EY as internal auditor and granted 37,000 ESOPs.
Why this matters
This filing is a regulatory cleanup of previously disclosed events. The growth figures confirm the company's trajectory, but the lack of new information means this is a procedural milestone rather than a market-moving event.
What we're watching
- The timeline for the Landmark Cars (East) merger completion.
- Any impact of the new internal audit regime under EY.
- Shareholder approval for the promoter reclassification request.
The full read
Landmark Cars has formalized its FY26 results. The company reported 21.6% revenue growth and a net profit that more than doubled.
Directors recommended a final dividend of ₹1.50 per share and approved the amalgamation of its wholly-owned subsidiary, Landmark Cars (East) Private Limited. The board also appointed EY as its internal auditor and issued 37,000 ESOPs.
These items were already disclosed in prior events. The filing contains no material surprises. It is a routine regulatory submission that confirms the company's previously reported operational performance.
Questions answered
- What dividend did the board recommend?
- The board recommended a final dividend of ₹1.50 per share for FY26.
- Which subsidiary is being merged?
- The board approved the amalgamation of its wholly-owned subsidiary, Landmark Cars (East) Private Limited.
- Who is the new internal auditor?
- The company appointed EY as its internal auditor.
- How did the company perform in FY26?
- The company reported revenue growth of 21.6% and more than doubled its net profit for the year.
Landmark Cars Ltd.
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All notes on LANDMARK →- 26 May 2026 · 8:22 PM IST Landmark Cars board clears FY26 financials and subsidiary merger
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