Board in its meeting held today i.e. 16th May, 2026 recommended final dividend of Rs. 1.50/- per equity shares of Rs. 10/- each and fixed record date as 14th August, 2026 for the purpose ....
MANGLMCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mangalam Cement's Board approved audited FY2025-26 results showing net profit surged to Rs. 12,895 lakhs from Rs. 4,506 lakhs in the prior year, driven by higher revenues of Rs. 1,75,841 lakhs. The company recommended a final dividend of Rs. 1.50 per equity share (face value Rs. 10), subject to shareholder approval at the AGM on 21st August 2026. The record date for dividend eligibility is fixed as 14th August 2026. Additionally, the Board appointed Pankaj Kumar as Joint President (Operations) effective 16th May 2026. Exceptional items of Rs. 2,175.75 lakhs included a provision for doubtful advances related to a petcoke supplier dispute.
Strong profit growth and the dividend recommendation are positive signals for shareholders. The company appears financially healthy, though the exceptional items warrant monitoring.