Laurus Labs Declares 2nd Interim Dividend of Rs.1.20/share for FY26
LAURUSLABS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.6 pts more than Nifty Midcap 150 and 5.0 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Laurus Labs' Board approved a 2nd Interim Dividend of Rs.1.20 (60%) per equity share (face value Rs.2) for FY 2025-26. The record date is fixed as May 8, 2026, to determine shareholder eligibility. Dividend payment will be made on or after May 20, 2026.
Positive for shareholders — confirms continued income payout and signals healthy cash generation. Stock typically sees mild softness near the ex-date.