SPECIALITYNSESpeciality Restaurants Limited· HotelsLowNeutral
Announced Tue, 19 May · 21:20 IST

Speciality Restaurants Limited has informed the Exchange regarding Outcome of Board Meeting held on May 19, 2026.

Board & Shareholder Meetings View source PDF

SPECIALITY · price

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Price reaction · full curve 14 horizons · vs prior close
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₹101.76
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AI summary

Speciality Restaurants Limited held its Board Meeting on May 19, 2026, and approved the audited standalone and consolidated financial results for FY2026 ended March 31, 2026. The company reported standalone revenue from operations of Rs. 45,359.41 Lakhs, up from Rs. 41,307.61 Lakhs in the previous year. Profit after tax stood at Rs. 2,295.00 Lakhs compared to Rs. 2,144.51 Lakhs in FY2025. The Board recommended a dividend of Rs. 1.00 per share (10%) on equity shares of Rs. 10 each, subject to shareholder approval at the AGM scheduled for September 11, 2026. Additionally, Mr. Avik Chatterjee, currently Whole-Time Director, has been appointed as Chief Executive Officer (CEO) effective June 1, 2026, and will also serve as Key Managerial Personnel. The statutory auditors have given an unmodified opinion on both standalone and consolidated financial results.

Likely market impact

The company showed steady revenue growth of about 10% year-on-year with improved profitability, and the 10% dividend yield is positive for shareholders. The CEO appointment with a clear growth mandate could support future expansion plans.