Declaration of Interim Dividend @ Rs. 12.00 (120%) per share of Rs. 10 each 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, which works out to 120% on the face value of Rs. 10, for the financial year 2025-26. The decision was taken at a Board meeting held on 2nd March 2026. The company has fixed Monday, 9th March 2026 as the record date to identify shareholders who will be eligible to receive this dividend. Axtel Industries is listed on BSE with scrip code 523850 and is based in Gujarat.
Shareholders holding shares of Axtel Industries as on the record date of 9th March 2026 will be entitled to the Rs. 12 per share interim dividend. The announcement of a substantial 120% interim dividend is generally seen as a positive signal about the company's cash position and profitability, though actual impact on share price will depend on the dividend yield relative to the stock's market price.