Recommendation of Dividend.
INDPRUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors has recommended a dividend of Rs. 120 per equity share (1200% on face value of Rs. 10) for FY2026, subject to shareholder approval at the AGM. The company reported standalone net profit of Rs. 2,042.72 lakhs for FY2026, up from Rs. 1,948.62 lakhs in FY2025. Consolidated net profit stood at Rs. 6,373 lakhs. Other key items include appointment of Mrs. Sanjukta Majumdar as Internal Auditor for FY2026-27 and approval for continuation of CMD Mr. Gaurav Swarup's tenure beyond age 70 years. The statutory auditors issued unmodified opinions on both standalone and consolidated financial results.
The exceptionally high dividend of Rs. 120 per share (1200%) signals strong shareholder returns. Based on the net profit increase year-over-year, the dividend appears well-supported. This is particularly notable as this is an NBFC investment company with significant investment portfolio and associate company KSB Limited.