Standard Industries Limited has informed the Exchange that Record date for the purpose of Dividend has been fixed on 11-Aug-2026. The Final Dividend, if declared by the shareholderswill be paid on or before 17th September, 2026
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Standard Industries Limited held its Board meeting on 12th May 2026 and approved multiple items. The Board recommended a Final Dividend of Rs. 0.25 per share (5% on face value of Rs. 5) for FY 2025-26, subject to shareholder approval at the 129th AGM scheduled for 18th August 2026. The Record Date for dividend entitlement is fixed for 11th August 2026, with payment to be made on or before 17th September 2026. Additionally, the Board approved assignment of development rights for the Stanrose Apartment land in Dadar West to Prabhadevi Developer Private Limited for a total consideration of Rs. 169.51 crore plus 25,774.61 sq ft of residential area. The company also reported standalone revenue from operations of Rs. 3,068.34 lakhs for FY 2025-26, up from Rs. 2,234.98 lakhs in the previous year, though it reported a net loss of Rs. 1,759.22 lakhs. Earlier in February 2026, an Interim Dividend of Rs. 0.55 per share was already paid on 11th March 2026.
The recommended final dividend of Rs. 0.25 per share combined with the earlier interim dividend of Rs. 0.55 per share totals Rs. 0.80 per share for FY 2025-26. The substantial one-time land development deal worth Rs. 169.51 crore provides significant cash inflow. However, the company continues to operate at a loss, which may limit immediate positive stock price reaction despite the dividend and asset monetization.