Board approves Re 0.50 interim dividend, Rs 45 Cr acquisition, Rs 200 Cr debt plan
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Board approved Q1 FY27 unaudited results. Declared 1st interim dividend of Re. 0.50 per share on face value of Rs. 2. Record date is July 30, 2026; payment by August 22, 2026. Approved raising up to Rs. 200 Cr via NCDs and Commercial Papers on private placement basis. Also approved 100 percent acquisition of Enshrine Leasing and Infotech Private Limited for up to Rs. 45 Cr in cash. Target owns an IT Zone property in Mumbai and will become a wholly owned subsidiary within six months.
Modest interim dividend of Re. 0.50 per share. Acquisition adds Mumbai IT property for growth. Rs. 200 Cr debt raise may increase leverage but funds expansion plans.