Board of Directors recommend Final dividend @15% for the financial year 2025-26
LANCORHOL · price
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Lancor Holdings Ltd's Board has recommended a final dividend of 15% for FY 2025-26, comprising 10% regular dividend and an additional 5% special dividend. The special dividend is awarded because the company successfully defended the title of its commercial property Menon Eternity in Chennai through the Hon'ble Supreme Court of India. The total dividend amounts to Rs. 0.30 per equity share. This is subject to approval from shareholders at the upcoming Annual General Meeting. The board meeting was held on May 29, 2026, and also approved the audited financial results for Q4 and FY ended March 2026 with an unmodified audit opinion.
The recommendation of a special dividend due to a legal victory provides a positive signal for shareholders. The combined 15% dividend payout rewards investors, though the actual yield will depend on the prevailing stock price.