Sukhjit Starch & Chemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2026, recommended Final Dividend of Re. 1 per equity share.
SUKHJITS · price
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The Board of Directors recommended a final dividend of Rs. 1 per equity share (20% on Rs. 5 face value) for financial year 2025-26. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The meeting also approved the audited financial results for Q4 and FY 2025-26. Additionally, the board approved shifting the registered office within the same tehsil and district in Punjab, re-appointed the Executive Director for 5 years, and reappointed the cost auditors for FY 2026-27.
The dividend recommendation is a positive signal for shareholders as it represents a return of profits. However, with only Rs. 1 per share, the absolute dividend amount is modest. The actual impact on stock price will depend on the prevailing market price and investor sentiment towards the overall financial performance.