Announced Thu, 7 May · 21:14 IST

The Board has recommended a final dividend of 7% on equity shares of face value of Rs. 10 each for the financial year ended 31st March, 2026

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹381.35
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AI summary

Gretex Corporate Services Ltd's board has recommended a final dividend of 7% on equity shares of face value Rs. 10 each, amounting to Rs. 0.70 per share for FY2025-26. This is subject to shareholder approval at the 18th AGM scheduled for July 31, 2026. The record date for the dividend is July 17, 2026. For context, the company reported standalone profit after tax of Rs. 1,299.59 lakhs (vs Rs. 1,249.46 lakhs in FY25) and consolidated profit of Rs. 2,792.84 lakhs (vs Rs. 181.52 lakhs in FY25). The AGM will be held on July 31, 2026, and dividend will be paid within 30 days of AGM approval.

Likely market impact

The dividend declaration signals the company's financial stability and ability to generate cash flows. With a modest payout of Rs. 0.70 per share, it indicates the company is retaining earnings for growth. Shareholders should note the record date of July 17, 2026 to be eligible for the dividend.