Jai Corp Limited has informed the Exchange regarding Board meeting held on July 26, 2025.
JAICORPLTD · price
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Awaiting price reaction for this filing.
Jai Corp's board has declared a special interim dividend of Rs. 5.00 per share for FY 2025-26, payable to shareholders on the record date of August 1, 2025, on its 17.55 crore equity shares. The board also recommended a final dividend of Re. 0.50 per share for FY 2024-25, subject to shareholder approval at the upcoming AGM. Separately, Mr. Amit K. Mundra was appointed as a non-executive independent director for five years, and Mr. Anand Jain (Chairman, promoter director) was re-appointed, as he retires by rotation. The board also acknowledged a fine imposed by BSE Limited, though the quantum was not disclosed in this filing.
Net positive for shareholders: the special interim dividend of Rs. 5.00 per share is a meaningful reward, while the undisclosed BSE fine is a minor governance concern that is unlikely to move the stock materially.