Announced Wed, 17 Jun · 20:36 IST
Board skips dividend for FY25; company under insolvency process
Corporate Actions View source PDF
ANSALAPI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹3.29
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.6-5.5-7.3-9.1—-12.2-23.1-14.0——
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AI summary
Board did not recommend any dividend for FY ended 31 March 2025. The company is under Corporate Insolvency Resolution Process, now confined to Lucknow and Rajasthan projects per NCLAT order of 7 January 2026. Board approved audited FY25 results with a modified audit opinion. Consolidated results were not submitted due to data issues from subsidiaries. SOP fine noted for late filing.
Likely market impact
No dividend for FY25 shareholders. Company remains under insolvency resolution with key projects managed by a Resolution Professional. Negative for investors.