Declaration of Interim Dividend of Rs. 12.00 per equity share of Rs. 10 each (120%) for the financial year 2025-26
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Axtel Industries Ltd has announced an interim dividend of Rs. 12.00 per equity share on a face value of Rs. 10, which works out to 120%. The dividend was approved by the Board of Directors at a meeting held on 2nd March 2026 and pertains to the financial year 2025-26. The company has filed this intimation with the BSE under SEBI LODR Regulations. The scrip code on BSE is 523850. No record date details were mentioned in this filing.
Shareholders holding the stock as on the record date (to be announced separately) will receive Rs. 12 per share as interim dividend, providing a cash return. This is a positive signal of profitability and shareholder reward, though the stock price typically adjusts downward by the dividend amount on the ex-date.