The Board of Directors have recommended final dividend of Re. 0.25 per equity share, subject to approval of shareholders at the ensuing 129th AGM. Record Date - 11th August, 2026 Dividend ....
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Standard Industries Ltd reported its board meeting outcome on May 12, 2026. The company recommended a final dividend of Rs. 0.25 per equity share (5% on face value of Rs. 5) for FY 2025-26, subject to shareholder approval at the 129th AGM on August 18, 2026. Record date is August 11, 2026. Earlier in February 2026, an interim dividend of Rs. 0.55 per share was declared and paid on March 11, 2026. Financially, the company reported a standalone net loss of Rs. 1,759.22 lakhs for FY 2025-26, compared to a loss of Rs. 1,378.75 lakhs in the previous year. Consolidated loss stood at Rs. 1,950.17 lakhs. Additionally, the board approved assignment of development rights in Mumbai property to Prabhadevi Developer Pvt Ltd for Rs. 169.51 crore plus 25,774.61 sq ft residential area allocation.
Despite reporting significantly higher losses, the company has maintained shareholder returns through dividends, with total FY 2025-26 dividend (interim + final) at Rs. 0.80 per share. The stock may face pressure due to widening losses, though the development rights transaction worth Rs. 169+ crore could provide future value unlock for shareholders.