Announced Mon, 11 May · 13:17 IST
Shyam Metalics And Energy Limited has informed the Exchange that Board of Directors at its meeting held on May 11, 2026, recommended Final Dividend of Rs. 2.70 per equity share.
Corporate Actions View source PDF
SHYAMMETL · price
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-6.5%1-day move
₹905.90
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₹908.05
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AI summary
The Board of Directors of Shyam Metalics and Energy Limited has recommended a final dividend of Rs. 2.70 per equity share for the financial year. This recommendation was made at the Board meeting held on May 11, 2026. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. This represents a payout to shareholders from the company's profits for the year.
Likely market impact
The dividend signals the company's financial health and commitment to returning value to shareholders. However, without knowing the stock price, the actual yield and attractiveness of this dividend cannot be determined.