The Board recommend dividend of Rs. 20 per equity share i.e 200% of face value of Rs. 10 each for the financial year ended 31st March, 2026, subject to approval of the members at the upcoming AGM.
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The Board of Directors of Alfred Herbert India Ltd has recommended a dividend of Rs. 20 per equity share, which represents 200% of the face value of Rs. 10 each. This dividend is for the financial year ended 31st March 2026. The recommendation is subject to approval from shareholders at the upcoming 106th Annual General Meeting. The company has 771,429 equity shares. The Board meeting was held on 27th May 2026 and also approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2026, with unmodified audit opinion from statutory auditors.
This is a positive signal for shareholders as the company is distributing profits. However, without knowing the current market price, the dividend yield percentage cannot be determined to assess if it meets high-yield thresholds.