The Board of Directors at their meeting held today have recommended a payment of dividend. The details of the same are attached herewith.
LMW · price
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LMW Limited's Board of Directors has recommended a dividend of Rs. 35 per equity share (350% on face value of Rs. 10) for the financial year ended 31st March 2026. This recommendation is subject to shareholder approval at the 63rd Annual General Meeting scheduled for 24th July 2026. The record date for determining dividend eligibility is 17th July 2026. For context, the company reported standalone net profit of Rs. 153.92 crores for FY2026 and consolidated net profit of Rs. 130.73 crores, with total standalone revenue from operations at Rs. 3,081.84 crores. The dividend represents a significant payout to shareholders, consistent with the company's financial performance during the year.
The recommended dividend of Rs. 35 per share signals strong financial health and commitment to shareholder returns. With no indication of a dividend cut compared to prior years, this should be viewed positively by investors seeking regular income from their holdings.