The Board of Directors Approve Final Dividend of Rs. 0.25 per Equity Shares of Face Value of Rs. 10/- each.
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Recode Studios Ltd's Board of Directors has approved a Final Dividend of Rs. 0.25 per equity share of face value Rs. 10 each. The dividend applies to 1,06,44,344 fully paid-up equity shares, totaling approximately Rs. 26.61 Lakhs for FY2026. This is a recommendation subject to shareholder approval at the ensuing Annual General Meeting. The company also reported standalone audited financial results for H2 and FY2026 with an unmodified audit opinion from statutory auditors.
The dividend of Rs. 0.25 per share represents a modest 2.5% return on face value. Without the current market price, the actual dividend yield cannot be determined, but the small absolute dividend amount suggests limited immediate impact on stock price. Positive for investor sentiment as it indicates profitability.