GSP Crop Science Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Re. 1 per equity share.
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GSP Crop Science Limited's Board meeting on May 26, 2026 approved several items including audited financial results for FY 2025-26. Standalone revenue from operations grew to Rs. 16,059 million (up 14% from Rs. 14,087 million), with net profit of Rs. 1,189 million. Consolidated revenue was Rs. 15,171 million with net profit of Rs. 947 million. The Board recommended a final dividend of Rs. 1 per equity share (10% on face value of Rs. 10), subject to shareholder approval at the AGM. The company also completed its IPO in March 2026, raising Rs. 2,400 million through fresh issue of 75 lakh shares at Rs. 320 each. Additionally, Mr. Pranav Chitre was appointed as CFO from June 1, 2026, succeeding Mr. Shail Shah who was re-designated to a new role.
The company delivered strong financial growth with 14% revenue increase and solid profitability. The recommended dividend of Rs. 1 per share represents a modest 10% payout. Book closure and record dates for dividend will be announced separately. The recent IPO listing and CFO transition are routine post-listing administrative changes.