Recommendation of final dividend
SANDUMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 11.6 pts more than Nifty Microcap 250 and 12.4 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors has recommended a final dividend of ₹0.50 per equity share (50 paise) for the financial year ended 31 March 2026. This recommendation is subject to approval by shareholders at the upcoming Annual General Meeting. The company has not yet fixed the Record Date for determining shareholder entitlement to the dividend — the date will be decided in a subsequent Board meeting and communicated in due course. No dividend amount was specified for the prior financial year, so a cut signal cannot be confirmed. Without the current share price or face value, the dividend yield relative to the 3% threshold cannot be determined.
The dividend is modest at ₹0.50 per share. Until the Record Date and share price are known, investors cannot assess yield or dividend income impact. A buyback or other capital restructuring announcement was not made alongside this dividend.