Board of Director at its meeting held on May,21 2025,declared dividend of Rs.0.10 per equity share.The Record date for the same is 30th May,2025.
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Meghna Infracon Infrastructure's board, at its May 21, 2025 meeting, approved audited consolidated and standalone results for Q4 and FY ended March 31, 2025. Consolidated net profit surged to Rs. 978.95 lakh (from Rs. 317.57 lakh in FY24), with EPS rising to Rs. 8.50 (from Rs. 2.92). Standalone PAT also jumped to Rs. 923.78 lakh vs Rs. 317.20 lakh. The board recommended an interim dividend of Rs. 0.10 per share (record date May 30, 2025) and a 1:1 bonus share issue to be funded from free reserves of Rs. 10.86 crore. The company will also increase authorized share capital from Rs. 20 crore to Rs. 25 crore and seek shareholder approval at an EGM on June 13, 2025. Additionally, Mr. Dhaval Lapasia was appointed as CEO effective July 1, 2025. The statutory auditor issued an unmodified opinion on both standalone and consolidated results.
Strongly positive for shareholders — the 1:1 bonus issue doubles share count, the dividend provides immediate cash, and the sharp jump in profits signals a turnaround. Short-term share price may see volatility around the ex-date and record date, but long-term investor sentiment should improve given the tripling of EPS.