The Board of Directors at its meeting held on April 29, 2026 has recommended the dividend of 250% i.e., Rs. 25/- per equity share for the FY ended March 31, 2026, Subject to approval of ....
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Benares Hotels Limited's Board has recommended a dividend of Rs. 25 per share (250% on face value of Rs. 10) for FY ended March 31, 2026, subject to shareholder approval at the AGM. This is unchanged from the previous year's dividend of Rs. 25 per share. For FY 2026, total income stood at Rs. 14,490.41 lakhs vs Rs. 14,126.12 lakhs previous year, with profit before tax at Rs. 7,503.31 lakhs (up from Rs. 5,814.97 lakhs). Total comprehensive income was Rs. 4,311.31 lakhs with EPS of Rs. 332.81. The company also appointed two new directors - Mr. Rajendra Misra as Non-executive Non-independent Director and Mr. Anupam Chaturvedi as Independent Director, while noting the resignation of Mr. Beejal Desai. Auditors issued an unmodified opinion on the financial statements.
The company maintained its dividend payout despite higher profitability. The unchanged dividend signals stability but may not excite yield-seeking investors. No major red flags in the financial results.