Announced Thu, 21 May · 18:53 IST

Recommendation of Final Dividend by the Board of Directors for FY 2025-26

Corporate Actions View source PDF

BLIL · price

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Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹74.20
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₹73.50
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AI summary

Balmer Lawrie Investments Ltd's Board has recommended a final dividend of Rs.2.27 per equity share (face value Rs.1 each) for the financial year ended 31 March 2026. The recommendation comes from a Board meeting held on 21 May 2026. The dividend is subject to shareholder approval at the ensuing Annual General Meeting. If approved, it will be paid within 30 days of the AGM declaration. This is a CPSE (Central Public Sector Enterprise) under the Ministry of Petroleum & Natural Gas, and the scrip is listed on BSE with code 532485.

Likely market impact

The dividend of Rs.2.27 per share represents a steady income payout for shareholders, though the yield is modest given the low face value of the stock. The announcement is in line with the company's usual dividend practice as a government enterprise.