Datamatics Global Services Limited has approved multiple corporate actions at its board meeting held on May 21, 2026, including a final dividend recommendation, a scheme of amalgamation involving its wholly owned subsidiaries, executive reappointments and governance-related proposals.
The Board of Directors recommended a final dividend of ₹5 per equity share of face value ₹5 each for the financial year ended March 31, 2026.
The proposed dividend represents 100% of the face value of each equity share and is subject to shareholder approval at the forthcoming Annual General Meeting.
The board also approved the audited standalone and consolidated financial statements for the quarter and financial year ended March 31, 2026, along with the auditors’ reports carrying unmodified opinions.
Datamatics approved a Scheme of Amalgamation involving Dextara Digital Private Limited and Datamatics Cloud Solutions Private Limited, both wholly owned subsidiaries of the company, with Datamatics Global Services Limited.
The proposed merger is intended to consolidate the businesses under a single entity structure.
The scheme remains subject to the receipt of necessary approvals from the National Company Law Tribunal (NCLT), shareholders, creditors where applicable, and other statutory authorities.
Upon completion of the approval process, the assets, liabilities and operations of the two subsidiaries will be integrated into Datamatics Global Services.
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As of 22 May 2026, at 9:16 AM, Datamatics share price is trading at ₹799.05 per share, reflecting a decline of 1.28% from the previous closing price.
Datamatics' board meeting resulted in several key decisions, including a ₹5 per share final dividend recommendation, approval of a subsidiary amalgamation scheme and multiple leadership and governance appointments. The proposed merger is expected to streamline the company’s corporate structure, subject to the required approvals.
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Published on: May 22, 2026, 9:15 AM IST
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