Fixed Record for payment of dividend May 29, 2026
ADVANIHOTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board declared a second interim dividend of Rs. 0.80 per share (40% on face value of Rs. 2) for FY 2025-26. Record date is May 29, 2026, and payment will be made by June 20, 2026. The total dividend outgo for FY 2025-26 is Rs. 1,663.90 lakhs, down from Rs. 1,756.33 lakhs in the previous year. Separately, the Board approved a significant revaluation of freehold land at Varca, Goa, increasing its carrying value from Rs. 2.56 crores to Rs. 429.82 crores based on an independent valuation, resulting in a revaluation surplus of Rs. 427.26 crores credited to Other Equity. This policy change from cost model to revaluation model under Ind AS 16 has materially strengthened the balance sheet, with total assets jumping from Rs. 10,781.91 lakhs to Rs. 54,386.76 lakhs. Auditors issued an unmodified opinion on the FY 2026 results.
The dividend per share remains unchanged at Rs. 0.80, but the total annual dividend is lower than last year. The land revaluation significantly enhances the company's net worth and may attract value-oriented investors, though the reduced total dividend payout could disappoint income-focused shareholders.