Announcement under Regulation (LODR)-Dividend Update
MUKANDLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mukand Ltd's Board of Directors has recommended a final dividend of Rs. 3 per equity share (30% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the AGM. This includes a special one-time payout of Rs. 1 per share (10%) to commemorate the Bajaj Group's 100th anniversary. The company also recommended an 8% dividend on 5,626,320 Cumulative Redeemable Preference Shares. For FY 2025-26, standalone profit after tax surged to Rs. 634.69 crore (vs Rs. 86.95 crore in FY25), while consolidated PAT was Rs. 604.15 crore. The significant jump was partly aided by land sale gains. The dividend will be paid within 30 days of the AGM.
The regular dividend of Rs. 3 per share is consistent with the previous year's payout, while the special Rs. 1 per share dividend is a one-time celebration payout. The strong profitability improvement supports the dividend capacity, though the actual yield depends on the prevailing stock price.