GANESHHOUNSEGANESH HOUSING LIMITEDHighPositive
Announced Fri, 29 May · 13:23 IST

GANESH HOUSING LIMITED has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 1.5 per equity share.

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹704.00
prior close
₹681.00
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AI summary

Ganesh Housing Limited held its Board meeting on May 29, 2026, where it approved the audited financial results for FY 2025-26. The company reported consolidated total income of Rs. 5,385 crore and net profit of Rs. 3,162.58 crore for the year, though both figures declined significantly compared to FY 2024-25 (Rs. 9,935 crore and Rs. 5,981 crore respectively). The Board recommended a final dividend of Rs. 1.50 per equity share (15% on face value of Rs. 10), payable if approved at the September 11, 2026 AGM. The record date for entitlement is August 31, 2026. Auditors issued unmodified opinions on both standalone and consolidated financial results. The company also appointed cost and internal auditors for FY 2026-27.

Likely market impact

Despite a near 50% decline in annual revenue and profit, the company is maintaining shareholder returns by recommending a dividend. This signals confidence in liquidity but investors should note the sharp deterioration in operating performance compared to the previous year.