Lancor Holdings Limited has informed the Exchange about General Updates -Declaration of final dividend @15%
LANCORHOL · price
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Lancor Holdings Limited's Board approved the audited financial results for Q4 and FY 2025-26, with an unmodified audit opinion. The Board recommended a total final dividend of 15% (10% regular + 5% special) amounting to Rs. 0.30 per equity share. The special dividend was declared after the company successfully defended its title to commercial property Menon Eternity, Chennai, in the Hon'ble Supreme Court of India. The dividend is subject to shareholder approval at the ensuing AGM.
The special dividend signals positive resolution of a key legal matter and rewards shareholders. However, without the current stock price, the actual dividend yield cannot be assessed. Investors should monitor for the record date announcement for entitlement.