Announced Fri, 29 May · 17:35 IST

Board of Director approves dividend @2% i.e. Rs. 0.04 per Equity Shares

Corporate Actions View source PDF

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AI summary

Inani Marbles & Industries Ltd's Board of Directors, in their meeting on 29th May 2026, approved the standalone audited financial results for FY 2025-26 (year ended 31st March 2026). The company reported total income of Rs. 4,756.05 lakhs and net profit of Rs. 198.29 lakhs for the year. The Board recommended a dividend of 2% (Rs. 0.04 per share) on equity shares having face value of Rs. 2/- each for FY 2025-26, which is subject to shareholder approval at the ensuing AGM. EPS for the year stood at Rs. 1.07. The statutory auditors issued an unmodified opinion on the financial statements. The company also appointed M/s Jagetiya G & Co. as internal auditors for FY 2026-27.

Likely market impact

The dividend of Rs. 0.04 per share is modest and consistent with typical small-cap company payouts. Based on face value, this represents a 2% dividend yield, which is relatively low. The clean audit report with unmodified opinion is a positive signal for financial transparency. Overall, this is a routine corporate action with neutral impact on the stock.