Hisar Metal Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2026, recommended Final Dividend of Re. 1 per equity share.
HISARMETAL · price
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Hisar Metal Industries Limited held its Board meeting on May 30, 2026, and approved the audited financial results for Q4 and FY 2025-26. The company reported Total Income of Rs. 26,196 lakhs (up from Rs. 24,483 lakhs) and Net Profit of Rs. 338 lakhs (up from Rs. 311 lakhs), with EPS of Rs. 6.43 versus Rs. 5.83 in the previous year. The Board recommended a Final Dividend of Rs. 1 per equity share (10% on Rs. 10 face value) for FY 2025-26, subject to shareholder approval at the AGM scheduled for August 28, 2026. Additionally, two new Independent Directors (Mr. Manish Jain and Mr. Shreyaskar Chaudhary) were appointed, while two Independent Directors resigned. The statutory auditor issued an unmodified opinion on the financial statements.
The company showed improved financial performance with higher revenues and profits. The dividend recommendation indicates continued shareholder returns, though the actual yield depends on the prevailing stock price. The appointment of new Independent Directors and reconstitution of committees strengthens corporate governance.