Ceigall India Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2026, recommended Final Dividend of Rs. 0.5 per equity share.
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Ceigall India Limited's Board meeting on May 7, 2026 approved several items. The Board recommended a final dividend of Rs. 0.5 per equity share (10% on face value of Rs. 5) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company reported strong FY2026 results with consolidated revenue from operations of Rs. 40,224 million (up 17% from Rs. 34,367 million) and consolidated profit after tax of Rs. 3,089 million (up 8% from Rs. 2,866 million). Consolidated EPS improved to Rs. 17.73 from Rs. 17.04. The Board also appointed Mr. Ankit Kumar Agrawal as Non-Executive Independent Director and re-appointed two existing independent directors, while accepting the resignation of Whole-Time Director Mr. Chitwon Wason effective May 20, 2026. New internal and cost auditors were also appointed for FY 2026-27.
The dividend recommendation of Rs. 0.5 per share represents a modest 10% payout. Given the strong revenue and profit growth, along with improved EPS, the announcement appears positive for shareholders, though the dividend amount is relatively small.