GLANDBSEGland Pharma LtdHighPositive
Announced Fri, 15 May · 16:49 IST

Board fixes Record date of August 11, 2026 for the Final Dividend

Corporate Actions View source PDF

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AI summary

Gland Pharma's Board has recommended a final dividend of Rs. 20 per equity share (face value Rs. 1 each) for FY 2025-26, equivalent to 2000% return per share. The record date for determining eligible shareholders is August 11, 2026, and the dividend will be paid within 30 days of the 48th AGM scheduled for August 25, 2026. The Board also approved audited consolidated financial results for Q4 and FY ended March 31, 2026, with standalone and consolidated net profit of Rs. 4,675.89 million for the full year. Statutory auditors Deloitte Haskins & Sells issued an unmodified opinion on the annual financial statements.

Likely market impact

The dividend recommendation of Rs. 20 per share signals strong financial health and consistent shareholder returns. Investors holding shares before August 11, 2026 record date will be eligible to receive this dividend, subject to shareholder approval at the AGM.