Indo Borax & Chemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, declared Special Dividend of Rs. 30 per equity share.
INDOBORAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 15.8 pts more than Nifty Microcap 250 and 17.4 pts more than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Indo Borax & Chemicals Limited's Board declared a Special Dividend of Rs. 30 per equity share (3000% payout) and a Final Dividend of Rs. 10 per share (1000% payout) for FY25-26, both subject to shareholder approval at the 45th AGM. The company reported strong financial performance with standalone net profit rising 18.7% to Rs. 4,973.97 lakhs, while consolidated net profit grew 18.3% to Rs. 5,026.98 lakhs compared to the previous year. Revenue from operations increased 22.9% year-on-year to Rs. 21,545.11 lakhs. EPS improved to Rs. 15.67 on consolidated basis. The Board also approved appointment of internal auditor and re-appointment of cost auditor for FY26-27, and reconstituted the Nomination and Remuneration Committee. Statutory auditors issued an unmodified opinion on the financial statements.
The special dividend of Rs. 30 per share (totaling Rs. 40 per share including final dividend) signals strong cash generation and shareholder-friendly policies. The 18%+ profit growth and robust revenue expansion indicate healthy business momentum, which could be positive for the stock price.