The Board has recommended dividend of Rs. 4 per equity shares of Rs. 10 each for the FY 2025-26 subject to the approval of the shareholder in the ensuing Annual General Meeting and the ....
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Jay Ushin Ltd's Board of Directors, in a meeting on May 29, 2026, has recommended a dividend of Rs. 4 per equity share (face value Rs. 10) for FY 2025-26. This is subject to approval from shareholders at the ensuing 40th AGM scheduled for September 30, 2026, as well as approval from joint venture partner Ushin Ltd. (Japan) per the Joint Venture Agreement. The record date for dividend entitlement is September 18, 2026, and payment will be made within 30 days of shareholder declaration. The Board also reappointed its Internal Auditor and Cost Auditor for FY 2026-27 and approved the audited financial results for Q4 and FY 2026. The company declared an unmodified audit opinion.
The dividend represents a 40% payout on face value, signaling positive cash flow generation. However, without the current market price, the actual yield cannot be confirmed. Shareholders should note the joint venture partner's approval is an additional condition not typically required for standard dividends.