SHARDACROPBSESharda Cropchem LtdHighPositive
Announced Wed, 13 May · 18:36 IST

The Board of Directors considered and recommended final dividend at the rate of Rs. 9.00 per share

Corporate Actions View source PDF

SHARDACROP · price

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Price reaction · full curve 14 horizons · vs prior close
-19.1%1-day move
₹1196.00
prior close
₹1206.00
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-0.4-1.2-3.0-5.7-19.1-25.2-23.4-25.4-24.4-20.7-25.5-23.6-24.4
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AI summary

The Board of Directors of Sharda Cropchem Ltd, at its meeting on 13th May 2026, has recommended a final dividend of Rs. 9.00 per equity share (face value Rs. 10 each) for FY 2025-26. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The company declared this dividend for its FY 2025-26, which is a routine capital return event for shareholders. No other corporate actions such as buyback, bonus, or stock split were mentioned.

Likely market impact

The recommended dividend of Rs. 9 per share represents a 90% payout ratio relative to face value. Without the current market price, the dividend yield cannot be confirmed, but the declared dividend is positive income news for existing shareholders pending AGM approval.