HLEGLASBSEHLE Glascoat LtdHighPositive
Announced Mon, 18 May · 18:40 IST

Board approves Dividend of Rs.1.10 (55%) on Equity Shares of Rs.2 each.

Corporate Actions View source PDF

HLEGLAS · price

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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹309.00
prior close
₹304.50
base price
After-mkt
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+2.3+3.6+3.8+3.5-0.4+4.6+5.5+6.5+7.7+4.3+18.2+21.2+34.7
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AI summary

HLE Glascoat Ltd's Board approved a final dividend of Rs.1.10 per equity share (55% on face value of Rs.2) for FY 2025-26. This dividend is subject to approval by shareholders at the company's 35th Annual General Meeting. The Board also took on record the standalone and consolidated audited financial results for Q4 and the year ended 31st March 2026. Additionally, the Board re-appointed internal auditors and cost auditors for various manufacturing units for FY 2026-27.

Likely market impact

The dividend declaration signals the company's financial health and commitment to returning value to shareholders. However, without the current market price, the dividend yield cannot be determined to assess its attractiveness.