Nibe Limited has informed the Exchange that the Board of Directors at its meeting held on May 29, 2026 has recommended final dividend of Rs. 1.30 per equity share.
NIBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nibe Limited's Board of Directors has recommended a final dividend of Rs. 1.30 per equity share (face value Rs. 10 each) for FY2026, subject to shareholder approval at the ensuing AGM. The company reported audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from statutory auditors Kailash Chand Jain & Co. Additionally, the company filed a statement confirming no deviation in the utilization of Rs 104.47 crore raised through a preferential allotment on March 5, 2026. The funds are being used for capital expenditure, repayment of borrowings, and working capital requirements.
The dividend recommendation of Rs. 1.30 per share signals consistent cash returns to shareholders. The clean audit opinion with no fund utilization deviation indicates proper corporate governance. Shareholders should monitor for the AGM date announcement to confirm the record date for dividend eligibility.