Board recommended and approved final dividend for FY 2025-26.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors has recommended a final dividend of Rs. 0.25 per equity share (2.5% on the face value of Rs. 10) for the financial year ended 31 March 2026. This is subject to approval from shareholders at the ensuing Annual General Meeting. The company also reported audited financial results showing standalone revenue from operations of Rs. 8,154.68 Lakhs and consolidated revenue of Rs. 82,032.39 Lakhs for FY 2025-26. Additionally, the Board approved raising funds of up to Rs. 13.09 Crore through issuance of 11 lakh convertible warrants at Rs. 119 per warrant to non-promoter allottees.
The recommended dividend of Rs. 0.25 per share is modest, indicating the company is retaining more capital for growth and debt reduction. The significant fund raise via convertible warrants may lead to dilution when converted to equity shares.