Approval of the Board for payment of Final Dividend to the Shareholders
BENGALASM · price
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Bengal & Assam Company Ltd's Board of Directors met on May 29, 2026 and approved the audited financial results for Q4 and FY ended March 31, 2026. The standalone net profit for the year was Rs. 13,412.52 Lakhs compared to Rs. 14,145.19 Lakhs in the previous year, showing a slight decline. The Board recommended a dividend of Rs. 50 per equity share (500% on face value of Rs. 10) for FY2026, subject to shareholder approval at the ensuing AGM. The dividend will be dispatched within 3-4 weeks after the AGM. Auditors gave an unmodified opinion on the financial statements.
The company maintained its dividend payout despite a slight decline in standalone net profit, indicating confidence in financial stability. Shareholders can expect Rs. 50 per share if approved at the AGM.