Corporate Action - Record Date intimation for Dividend
BAJEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bajel Projects Ltd's Board meeting on May 27, 2026 approved a final dividend of Rs. 0.60 per share (30% of face value Rs. 2 each) for FY 2026, subject to shareholder approval at the 4th AGM on August 7, 2026. The record date for dividend entitlement is July 31, 2026, with payment to follow on or after August 11, 2026. The company reported standalone profit after tax of Rs. 2,893.33 lakhs for FY 2026, up significantly from Rs. 1,546.35 lakhs in FY 2025. Consolidated PAT was Rs. 2,076.72 lakhs. The Board also approved increasing borrowing limits from Rs. 3,500 crore to Rs. 5,000 crore and announced changes in key managerial personnel including a new Company Secretary and a new Non-Executive Director appointment.
The dividend declaration signals healthy profitability growth of approximately 87% YoY, which could be viewed positively by shareholders. The increased borrowing limits suggest the company is preparing for larger operational or growth requirements.