The Board of Directors of the Company have recommended a dividend of 10% - Rs. 10/- per Equity Share of Rs. 100/- each for the financial year ended 31.03.2026.
Price
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The Board of Directors of Lakshmi Mills Company Ltd has recommended a dividend of Rs. 10 per equity share (10% on face value of Rs. 100) for FY 2025-26. The company has also announced book closure from September 19, 2026 to September 25, 2026 for its Annual General Meeting scheduled on September 25, 2026. E-voting will be available from September 22 to September 24, 2026. This is a standard dividend recommendation subject to shareholder approval at the AGM.
A modest dividend of Rs. 10 per share signals consistent profitability but likely limited immediate price impact given the small payout relative to likely market price.