Recommendation of Dividend by the Board
Price
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Awaiting price reaction for this filing.
The Board of Directors of Rolcon Engineering Company Ltd met on May 15, 2026, and approved the standalone and consolidated audited financial results for Q4 and FY 2025-26. The Board recommended a dividend of 25% i.e. Rs. 2.50 per share on the face value of Rs. 10 each for FY 2025-26. The meeting lasted about 50 minutes. Additionally, M/s. K. M. Parikh & Co. was appointed as Internal Auditor for FY 2026-27. The auditors gave an unmodified opinion on the financial results.
The recommended dividend of Rs. 2.50 per share signals the company is distributing profits to shareholders. However, without the current market price, the dividend yield cannot be confirmed. Shareholders should note the record date once announced to be eligible for the dividend.