GILLANDERSBSEGillanders Arbuthnot & Company LtdMediumPositive
Announced Mon, 11 May · 15:25 IST

The Company has fixed the Record Date for determining the eligible preference shareholders who will be entitled to receive dividend on the Cumulative Redeemable Preference Shares of the Company.

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GILLANDERS · price

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Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹106.17
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₹99.50
base price
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AI summary

Gillanders Arbuthnot & Company Ltd has fixed Friday, 26th June 2026 as the Record Date for determining preference shareholders eligible to receive dividend on the fully paid 7.75% Cumulative Redeemable Preference Shares. The Board has recommended payment of this dividend for financial years 2018-19 and 2019-20, pending shareholder approval at the 92nd AGM scheduled for 3rd July 2026. The company also announced audited FY2026 results showing standalone revenue of Rs 396.29 crore and net profit of Rs 4.67 crore, down from Rs 1,503.87 lakh in FY2025. Consolidated revenue stood at Rs 430.87 crore with net profit of Rs 9.47 crore.

Likely market impact

Preference shareholders will receive the 7.75% dividend (on Rs 100 face value) for FY18-19 and FY19-20 after member approval. The delayed preference dividend payment indicates accumulated arrears being cleared, which is positive for preference shareholders. The record date announcement is administrative in nature and does not directly impact equity shareholders.