The Board of the Directors recommended a Final dividend of rs. 0.49 per Equity share of 10rs each. The same shall be payable after its approve by the shareholder in the ensuing Annual General meeting
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Riddhi Corporate Services Ltd Board approved audited financial results for Q4 and FY ended March 31, 2026 with an unmodified audit opinion from statutory auditors. The Board recommended a final dividend of Rs. 0.49 per equity share of face value Rs. 10 each for FY 2025-26. This translates to a 4.9% dividend yield. The dividend is subject to shareholder approval at the ensuing Annual General Meeting and will be payable thereafter.
The recommended dividend offers a yield of 4.9%, which is attractive for income-focused investors. Positive sentiment expected for the stock as it signals healthy financials and cash generation, though the dividend is not yet confirmed pending AGM approval.