Outcome Of Board Meeting Held On May 19, 2026
SPECIALITY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Speciality Restaurants Ltd reported FY2026 standalone profit after tax of Rs. 2,295 Lakhs, up 7% from Rs. 2,145 Lakhs in FY2025. Revenue from operations grew 9.8% to Rs. 45,359 Lakhs from Rs. 41,308 Lakhs. The board recommended a dividend of Rs. 1 per share (10%) for FY2026, subject to shareholder approval at the AGM on September 11, 2026. Mr. Avik Chatterjee, currently Whole-Time Director, is appointed as CEO from June 1, 2026. The company also announced a new wholly-owned subsidiary, Speciality Restaurants LLC-FZ in Dubai. The demerger of Speciality Hotels India Private Limited (effective October 2022) has been accounted for in the results with restated comparatives.
The company delivered steady profit growth with strong revenue expansion in FY2026. The dividend recommendation provides income to shareholders while the CEO appointment may signal renewed strategic focus. Clean audit with unmodified opinion adds credibility.