Announced Thu, 28 May · 14:45 IST

The Board Approves the 10 %Dividend at the face value of the Share of Rs 10 i.e Rs. 1. for the Fy ended 21st March 2026.

Corporate Actions View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹69.00
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.8+0.6-4.3-1.0-0.3-2.9-1.9-5.9
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AI summary

The Board of Directors approved a final dividend of Rs. 1 per equity share (10% on face value of Rs. 10) for FY ended March 31, 2026. The dividend is subject to shareholder approval at the ensuing Annual General Meeting. Additionally, the Board appointed M/s. Prince Kumar & Associates, Chartered Accountants as Internal Auditor for FY 2026-27. The meeting was held on May 28, 2026 from 12:30 PM to 2:15 PM.

Likely market impact

The approved 10% dividend signals the company is profitable but the payout is modest. Without knowing the current market price, the actual dividend yield cannot be determined. This is a routine corporate action with limited immediate impact on stock price.