CORONABSECorona Remedies LtdMediumPositive
Announced Mon, 11 May · 18:34 IST

Record date for the purpose of Final Dividend for the F.Y. 2025-26 is June 19, 2026

Corporate Actions View source PDF

CORONA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹1765.00
prior close
₹1776.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.9+1.2+1.4+1.3-2.8+1.3-0.6+3.1+0.7-2.5-3.3-1.8+16.7
Up moveDown movePending
AI summary

Corona Remedies Limited announced a final dividend of Rs. 10 per equity share (100% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The record date to determine dividend entitlement is June 19, 2026, with payment to be made on or before August 7, 2026. The company reported strong FY26 results with revenue from operations of Rs. 1,403.18 Crores (up 17% YoY) and net profit of Rs. 184.85 Crores (up 24% YoY). EPS for FY26 stood at Rs. 30.22 versus Rs. 24.37 in FY25. The company listed on NSE and BSE in December 2025 via an IPO.

Likely market impact

The dividend signals financial health and commitment to returning value to shareholders. However, given the IPO price of Rs. 1,062, the dividend yield is approximately 0.94%, which is modest. The stock may see positive sentiment from the dividend announcement and strong profit growth.