Arvind Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 4.50 per equity share.
ARVIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.5 pts more than Nifty Microcap 250 and 6.1 pts more than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Arvind Limited's Board of Directors met on May 15, 2026 and approved the audited standalone and consolidated financial results for Q4 and FY2026, with statutory auditors issuing an unmodified opinion. The Board recommended a final dividend of Rs. 4.50 per equity share (45% on face value of Rs. 10) for FY2026, pending shareholder approval at the ensuing AGM. The AGM date and dividend payment date will be communicated separately. Separately, the Board approved alteration of the Object Clause of the Memorandum of Association to include a broad range of business and IT-enabled services, reflecting possible diversification into shared services, BPO, digital transformation, and outsourcing operations.
The recommended dividend signals management confidence in the company's financial health. The MoA alteration suggests the company is expanding into services-oriented businesses, potentially diversifying revenue streams beyond its traditional textile and garment operations.