Announced Fri, 22 May · 13:45 IST

The Board recommends dividend of Rs.5/- per equity shares of Rs.2/- each for the year ended 31/03/2026

Corporate Actions View source PDF

GSFC · price

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Price reaction · full curve 14 horizons · vs prior close
-3.3%1-day move
₹174.69
prior close
₹169.43
base price
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AI summary

GSFC's Board has recommended a dividend of Rs.5 per equity share (250% on face value of Rs.2) for the financial year ended 31 March 2026, covering 39,84,77,530 shares. This is a significant increase from the previous year's dividend of Rs.2 per share. The dividend is subject to shareholder approval at the 64th AGM and will be paid within 30 days of declaration at the AGM. For FY 2025-26, standalone net profit stood at Rs.651.52 crore vs Rs.573.18 crore in FY 2024-25, while total standalone income was Rs.11,100.31 crore (up from Rs.9,741.66 crore). The company reported an EPS of Rs.16.35 on standalone basis. Book closure date and dividend payment date will be intimated separately.

Likely market impact

The doubling of dividend per share signals strong financial health and confidence in cash generation, likely positive for stock price and shareholder sentiment. The 250% payout is well-supported by the company's profit growth and robust cash position.