DALBHARATBSEDalmia Bharat LtdMediumNeutral
Announced Sat, 23 May · 17:42 IST

Please find attached the Outcome of Board Meeting held on May 23, 2026

Board & Shareholder Meetings View source PDF

DALBHARAT · price

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₹1785.00
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AI summary

The Board of Dalmia Bharat Limited approved holding its 13th Annual General Meeting on June 30, 2026 via video conferencing. Key approvals include recommending re-appointment of Walker Chandiok & Co LLP as Statutory Auditors for a second term of 5 years. The Board also sought shareholder approval via special resolution for issuance of securities up to Rs. 4,000 crore through various modes including equity shares, bonds, and warrants. For the Final Dividend of Rs. 5 per equity share (250%) for FY 2025-26, the record date and cut-off date were fixed as June 23, 2026. Remote e-voting will be open from June 26 to June 29, 2026.

Likely market impact

Shareholders on record as of June 23, 2026 will receive the Rs. 5 per share dividend if approved at the AGM. The Rs. 4,000 crore securities issuance authorization provides flexibility for future capital raising but may lead to equity dilution depending on the mode and timing of issuance.