GREENLAMNSEGreenlam Industries LimitedHighPositive
Announced Fri, 22 May · 19:10 IST

Greenlam Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2026, recommended Final Dividend of Rs. 0.40 per equity share.

Corporate Actions View source PDF

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AI summary

Greenlam Industries Limited's Board of Directors, at its meeting on May 22, 2026, has recommended a final dividend of Rs. 0.40 per equity share of face value Rs. 1 each. This dividend is for the financial year ended March 31, 2026. The recommendation is subject to approval from shareholders at the company's 13th Annual General Meeting scheduled for July 29, 2026. The board meeting lasted from 02:30 PM to 05:45 PM.

Likely market impact

The dividend represents a payout of Rs. 0.40 per share, which signals the company is sharing profits with shareholders. However, without knowing the current market price, the actual yield cannot be determined. Shareholders should expect the dividend to be paid after the AGM approval if passed.