INDOBORAXBSEIndo Borax & Chemicals Ltd-$LowNeutral
Announced Thu, 2 Jul · 18:21 IST

Indo Borax 45th AGM on July 28, 2026; declares record Rs 40 per share dividend

Board & Shareholder Meetings View source PDF

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AI summary

Indo Borax will hold its 45th AGM on July 28, 2026 at 11 am via video conferencing. Board recommends a total dividend of Rs 40 per share for FY26, comprising Rs 10 final and Rs 30 special dividend, the highest payout in company history and partly funded by monetisation of non-core assets. FY26 operating revenue grew 22.9 percent to Rs 215.45 crore, net profit rose 18.3 percent to Rs 50.27 crore, and EPS reached Rs 15.67. Q4 was stronger with revenue up 25.7 percent and profit up 41.9 percent year-on-year. The company is investing about Rs 20 crore in a new Boron Oxide facility at Pithampur.

Likely market impact

Shareholders to receive record dividend of Rs 40 per share. Strong FY26 growth, debt-free balance sheet, and new Boron Oxide plant signal continued expansion.