Intimation of recommendation and approval of Dividend payment by Board of Directors in its meeting held on 27-05-2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Bombay Oxygen Investments Ltd has recommended a dividend of Rs.25 per equity share (25% on face value of Rs.100) for FY2026, subject to shareholders' approval at the 65th AGM on 25th August 2026. The record date is 18th August 2026, and dividend will be paid on or after 28th August 2026. Despite the dividend recommendation, the company reported a net loss of Rs.324.06 lakh for the year ended March 2026, a significant decline from profit of Rs.1,750.59 lakh in the previous year. Total income turned negative at Rs.196.39 lakh due to fair value losses on investments. The company is an investment/financial assets-focused entity with total assets of Rs.4,962.12 crore primarily in investments.
The company is maintaining dividend payout despite a net loss, indicating confidence in financial stability. However, the negative financial performance may concern investors focused on earnings growth.