Announced Tue, 26 May · 19:20 IST

Recommendation of Dividend for FY 2026.

Corporate Actions View source PDF

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-9.4%1-day move
₹67.30
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AI summary

Kesar Terminals & Infrastructure Ltd's Board has recommended a final dividend of Rs 1.25 per share (25% on face value of Rs 5) for FY 2025-26. This is in addition to the Rs 0.50 per share interim dividend already declared in February 2026, making total dividend of Rs 1.75 per share for the year. The record date for the final dividend is July 8, 2026, with payment to be made within 30 days of the July 22, 2026 AGM. For FY 2025-26, the company reported total income of Rs 3,637.83 lakhs (up from Rs 3,354.50 lakhs) but recorded a net loss of Rs 3,274.82 lakhs after accounting for a Rs 3,648.83 lakh exceptional item related to the loss on sale of its subsidiary KMLL to DP World. The auditors issued a qualified opinion due to an unresolved dispute with Deendayal Port Trust regarding leasehold land charges.

Likely market impact

Despite the net loss (due to one-time subsidiary sale loss), the company continues its dividend payout tradition with a total dividend of Rs 1.75/share. This shows management's confidence in ongoing cash flows from its bulk liquid storage business at Kandla, though the qualified audit opinion on DPT litigation adds some uncertainty.