Intimation of record date for the purpose of interim dividend.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HBG Hotels Limited announced an interim dividend of Rs. 0.15 per equity share (1.5% on face value of Rs. 10) for FY 2025-26. The record date has been fixed as May 15, 2026 to determine shareholder entitlement for the dividend payment. Additionally, the board approved a proposal to list the company on the National Stock Exchange and forfeited 4,45,000 convertible warrants held by 5 allottees who failed to exercise conversion within the stipulated 18-month period. The company also entered into hotel management agreements with Marriott/Starwood for a new hotel project in Kerala and with Rajscape Hotels for a resort in Goa.
The small interim dividend of Rs. 0.15 per share is modest and unlikely to significantly impact stock price. The NSE listing proposal and Marriott partnership announcements signal expansion plans which may attract investor interest.