Ashiana Housing Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2026, recommended Final Dividend of Rs. 1.5 per equity share.
ASHIANA · price
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Ashiana Housing Limited's Board meeting on May 27, 2026 approved audited standalone financials for FY ended March 31, 2026, reporting total income of Rs. 1,10,988 Lakhs and net profit of Rs. 12,362 Lakhs. Consolidated results showed total income of Rs. 1,18,743 Lakhs with net profit of Rs. 11,789 Lakhs. The Board recommended a final dividend of Rs. 1.50 per equity share (75% payout on face value of Rs. 2), subject to shareholder approval at the ensuing AGM. The company also approved appointment of Anjali Yadav & Associates as Secretarial Auditors and authorized issuance of secured NCDs up to Rs. 200 Crores and unsecured NCDs up to Rs. 100 Crores on private placement basis.
The dividend recommendation maintains consistent shareholder returns. However, without current stock price data, dividend yield and relative attractiveness cannot be assessed. The NCD issuances indicate plans for debt raising to fund operations or growth.