The Board approves dividend of Rs. 0.50 per share
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mangal Compusolution's Board has recommended a final dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for the financial year ended 31 March 2026, subject to shareholder approval at the upcoming AGM. For the full year, the company reported total income of Rs. 3,403.56 Lakhs and a net profit after tax of Rs. 653.53 Lakhs, compared to Rs. 2,524.05 Lakhs and Rs. 431.95 Lakhs respectively in the prior year — showing strong year-on-year growth. The Board meeting was held on 29 May 2026 and also approved the audited financial results with an unqualified audit opinion from Kothawade & Laddha, appointed new internal and secretarial auditors, and confirmed no deviation in IPO fund utilisation.
The 5% dividend on face value signals a maiden/progressive dividend payout following the company's SME IPO (November 2024). While positive for income-seeking investors, the actual dividend yield will depend on the prevailing market price of the stock.