Maithan Alloys Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2026, declared Interim Dividend of Rs. 11 per equity share.
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The Board of Directors of Maithan Alloys Limited declared an interim dividend of Rs. 11 per equity share (110% on face value of Rs. 10) for Financial Year 2025-26. The record date to determine eligible shareholders is May 22, 2026, and the dividend will be paid from May 29, 2026. Additionally, the Board recommended a final dividend of Rs. 5 per share (50%) for the same financial year, which is subject to shareholder approval at the ensuing Annual General Meeting. If approved, the total dividend for FY 2025-26 would be Rs. 16 per share.
The declaration of an interim dividend at 110% indicates strong cash flow and profitability, which is positive for shareholders. The combined interim and recommended final dividend signals management's confidence in the company's financial health.