Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 18, 2026, recommended Final Dividend of Rs. 21 per equity share.
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The Board of Directors of Gujarat Narmada Valley Fertilizers and Chemicals Limited has recommended a Final Dividend of Rs. 21 per equity share at their meeting held on May 18, 2026. This is a positive outcome for shareholders as it represents a distribution of profits. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The record date for entitlement of dividend has not been specified in this filing. This is the second consecutive year the company has maintained or increased its dividend payout.
The recommendation of Rs. 21 per share as final dividend signals the company's financial health and commitment to returning value to shareholders. If approved at the AGM, this will benefit investors holding shares before the record date.