Bhagiradha Chemicals & Industries Limited has informed the Exchange regarding 'The Board at its meeting held today i.e. May 19, 2026, recommended final dividend of Rs.0.15 per equity share of face value of Re.1/- each (i.e.15%) for the financial year ended March 31, 2026'.
BHAGCHEM · price
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On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.5 pts more than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors has recommended a final dividend of Rs.0.15 per equity share with a face value of Re.1/- each, representing a 15% dividend payout for FY 2025-26. This dividend is subject to approval by shareholders at the 33rd Annual General Meeting scheduled for July 31, 2026. The company has announced a book closure period from July 24, 2026 to July 31, 2026, with July 23, 2026 as the record date to determine eligible shareholders for the dividend payment.
The dividend of 15 paise per share is relatively small and signals the company is sharing profits with shareholders, though the payout ratio appears modest. Investors interested in receiving this dividend should ensure they hold shares before the record date of July 23, 2026.