The board declare a dividend at its meeting held on 25th May, 2026 at Rs. 11 per equity share of Rs. 10/- each
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Narmada Gelatines Ltd's Board, at its meeting on May 25, 2026, recommended a Final Dividend of Rs. 11 per equity share (110% payout) of face value Rs. 10 each for FY 2025-26. The dividend is subject to shareholder approval at the 65th AGM scheduled for August 19, 2026. The company has fixed August 12, 2026 as the Record Date to determine shareholder entitlement to the dividend. This is a recommended final dividend, not yet approved by shareholders.
A 110% dividend payout is a strong return signal. If the stock trades below ~Rs. 367, the yield would exceed 3%, which could attract income-focused investors. Final approval at the AGM is the next key catalyst.