Announced Fri, 15 May · 15:47 IST

The Board of Directors has recommended a dividend of Rs. 2.5/- per equity share of Rs. 10/- each, for the financial year ended March 31, 2026, subject to the approval of Members at the ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of Directors has recommended a dividend of Rs. 2.5 per equity share (25% on Rs. 10 face value) for the financial year ended March 31, 2026, subject to shareholder approval at the AGM on July 30, 2026. The record date for dividend entitlement is July 15, 2026, with payment to be made from August 4, 2026. For FY2026, the company reported total revenue of Rs. 24,299.30 Lakhs, up 16.6% from Rs. 20,841.38 Lakhs in FY2025. Profit for the year increased 27.3% to Rs. 4,579.92 Lakhs from Rs. 3,598.22 Lakhs, while earnings per share rose to Rs. 5.03 from Rs. 3.95. The auditors issued an unmodified opinion on the financial results.

Likely market impact

The company delivered strong profit growth of 27% year-on-year, validating the dividend recommendation. With a clean audit opinion and robust cash flows from operations at Rs. 3,339.32 Lakhs, the 25% dividend payout signals financial stability and confidence in future earnings.