The Board recommends dividend of Rs. 12.50 per shares subject to the approval of shareholders in the ensuing Annual General Meeting of the Company
NUCLEUS · price
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Nucleus Software Exports' board approved the audited standalone and consolidated financial results for Q4 and the full year ended March 31, 2026. The board also recommended a final dividend of Rs. 12.50 per equity share of face value Rs. 10 each, which is 125% of the face value. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the board reappointed Mr. Vishnu R Dusad as Managing Director for a 5-year term starting January 1, 2027, pending shareholder approval. The meeting lasted from 10:00 AM to 2:50 PM.
The recommended dividend of Rs. 12.50 per share signals consistent shareholder returns, though the actual yield depends on the prevailing stock price. The reappointment of the promoter Managing Director provides continuity in leadership.