Board recommended a final dividend of Rs. 15/-(i.e. 150%) per equity shares of Rs. 10/- each for the financial year ended March 31, 2026
BIRLANU · price
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BirlaNu Limited (formerly HIL Limited) held its Board meeting on May 12, 2026, approving audited financial results and recommending a final dividend of Rs. 15 per equity share (150% on face value of Rs. 10) for FY ended March 31, 2026, subject to shareholder approval at the ensuing AGM. The company reported a standalone net loss of Rs. 1,404 lakhs for FY2026 compared to a profit of Rs. 5,359 lakhs in FY2025, with revenue from operations at Rs. 242,653 lakhs. Exceptional items included a Rs. 7,420 lakhs provision for diminution in investment in subsidiary BirlaNu International GmbH. The Board also appointed Mr. Pardha Saradhi Nooney as Chief Procurement Officer and reappointed Ernst and Young LLP as Internal Auditor and S.S. Zanwar & Associates as Cost Auditors for FY2026-27.
The company is recommending a dividend despite reporting a net loss, which signals confidence in liquidity but also warrants caution given the turnaround needed. Shareholders should monitor AGM date and record date for dividend eligibility.