Announced Mon, 18 May · 18:25 IST

Board has recommended the dividend @ 25 for the financial year 2025-26 subject to approval of Shareholder(s) at the ensuing AGM.

Corporate Actions View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Shervani Industrial Syndicate Ltd in its meeting held on May 18, 2026 has recommended a dividend of 25% for the financial year 2025-26. The dividend recommendation is subject to approval by shareholders at the ensuing Annual General Meeting. The company has informed BSE Limited pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shervani Industrial Syndicate is a smaller company based in Prayagraj, Uttar Pradesh, engaged in industrial/commercial activities.

Likely market impact

The recommended 25% dividend indicates the company is sharing profits with shareholders, though the actual per-share dividend amount depends on the face value of shares. Positive for income-focused investors but subject to shareholder approval at AGM.