BSENG Industries Ltd-$HighPositive
Announced Thu, 28 May · 19:16 IST

Board recommends dividend of Rs. 3.50 (35%) subject to approval of shareholders

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+3.7%1-day move
₹123.50
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+3.7-7.8-7.5-7.7-4.5-4.7-4.0-6.8
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AI summary

The Board of Directors of NG Industries Ltd has recommended a dividend of Rs. 3.50 per share, representing 35% of face value, subject to shareholder approval at the 32nd Annual General Meeting. The AGM is scheduled for September 26, 2026. The share register will remain closed from September 20 to 26, 2026. The record date for determining dividend eligibility is September 19, 2026. The Board meeting was held on May 28, 2026, and concluded at 6:30 PM.

Likely market impact

The dividend declaration of Rs. 3.50 per share is a positive signal for shareholders, indicating the company is distributing profits. Final payout depends on shareholder approval at the September AGM.