Announced Wed, 13 May · 18:24 IST

Record Date for determining names of members entitled to attend and vote at the AGM is fixed at Thursday, 6th August 2026

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Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹1491.00
prior close
₹1532.50
base price
After-mkt
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AI summary

The Board of Directors met on 13th May 2026 and approved the audited financial results for the year ended 31st March 2026. Standalone net profit nearly doubled to ₹210.60 crores from ₹119.24 crores in the previous year, driven by exceptional gains of ₹136.30 crores primarily from sale of Dunsandle estate (₹87.69 crores) and other property transactions. EPS improved significantly to ₹30.18 from ₹17.09. Revenue from operations grew to ₹295.81 crores from ₹275.11 crores. The Board decided not to declare any final dividend, having already paid an interim dividend of ₹17 per share in February 2026. The 161st AGM is scheduled for 13th August 2026 with record date fixed at 6th August 2026.

Likely market impact

Strong financial performance with near-doubling of profits and significant asset sales. No final dividend declared beyond the interim already paid. The record date announcement is standard procedural for the upcoming AGM.