Announced Thu, 2 Jul · 18:35 IST
Indo Borax 45th AGM on July 28, 2026; proposes Rs 40 total dividend
Board & Shareholder Meetings View source PDF
INDOBORAX · price
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Price reaction · full curve 14 horizons · vs prior close
+1.8%1-day move
₹393.10
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₹400.00
base price
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AI summary
Indo Borax has called its 45th AGM for July 28, 2026 via video conferencing and filed its FY26 annual report. Board proposes a record total dividend of Rs 40 per share (4000 percent), including Rs 10 final and Rs 30 special dividend from non-core asset monetisation. For FY26, revenue grew 22.9 percent to Rs 215.45 crore and net profit rose 18.3 percent to Rs 50.27 crore. EPS reached Rs 15.67. Company remains debt-free and is investing Rs 20 crore in a new Boron Oxide facility.
Likely market impact
Record dividend payout shows strong cash generation. New Boron Oxide plant points to future growth in higher-margin products.