Recommended Final Dividend for the financial year 2025-26, subject to approval of shareholders in the ensuing Annual General Meeting of the company to be held on May 04, 2026.
Awaiting price reaction for this filing.
Alka India Limited's Board has announced three key corporate actions. First, a final dividend of Rs. 0.04 per equity share (4% on face value) is recommended for FY 2025-26, totaling approximately Rs. 2 lakh for the year on 50 lakh shares. Second, the company will issue bonus shares in a 6:1 ratio—6 new shares for every 1 held—to eligible public shareholders (excluding promoters) to comply with minimum public shareholding requirements under Rule 19A of SCRR. The record date is May 8, 2026, and post-bonus share capital will increase from 50 lakh to 65 lakh shares. Third, the company is expanding its business objects to include ethanol manufacturing/distribution and metals/mining operations, indicating a diversification strategy.
The tiny dividend (4 paise per share) offers minimal income but signals the company remains profitable. The massive 6:1 bonus ratio will significantly increase share liquidity and is typically positive for stock price sentiment, though it dilutes promoter holding to meet public float requirements. The new business objects suggest the company is diversifying into ethanol and metals/mining sectors.