The Board of Directors in its meeting held on 18th May 2026 recommended Dividend @20% , i.e. Rs. 2/- per equity share of Rs. 10 each for the FY 2025-26
SEAMECLTD · price
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Seamec Ltd's board has recommended a dividend of Rs. 2 per equity share (20% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company reported strong financial results with standalone profit after tax more than doubling to Rs. 24,235 lakhs (vs Rs. 11,555 lakhs in FY 2024-25). Revenue from operations grew 46% to Rs. 90,194 lakhs. EPS improved significantly to Rs. 95.30 from Rs. 45.44 previously. The board also approved related party transactions with HAL Offshore Limited (parent company) and re-appointed G.M. Kapadia & Co. as internal auditors for FY 2026-27. Record date and payment date will be intimated later.
The dividend recommendation signals strong financial performance with profits more than doubling year-on-year. The 20% payout on increased earnings is positive for shareholders, indicating robust cash generation and confidence in business outlook.