Banco Products (I) Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 8 per equity share.
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Banco Products (India) Limited held its Board meeting on May 28, 2026, and approved the standalone and consolidated audited financial results for FY2025-26. The company reported total standalone assets of Rs. 1,02,492 Lakhs and consolidated assets of Rs. 2,54,300 Lakhs. The Board recommended a final dividend of Rs. 8 per equity share (400% on Rs. 2 face value), subject to shareholder approval at the AGM. The Board also appointed Mr. Sachinkumar Sureshbhai Dalwadi as the new Company Secretary. Notably, the company received significant dividends from subsidiaries totaling Rs. 26,469 Lakhs during the year. An exceptional item of Rs. 2,150 Lakhs was recognized due to a warehouse fire at NRF France S.A.S., with an insurance claim of Euro 6.56 Mn filed.
The recommended dividend of Rs. 8 per share signals positive shareholder returns and reflects the company's ability to generate cash flows, including substantial dividend income from subsidiaries. Shareholders should note the record date will be announced separately.