VGUARDBSEV-Guard Industries LtdHighPositive
Announced Tue, 12 May · 14:28 IST

Board recommended dividend at Rs. 150 per share

Corporate Actions View source PDF

VGUARD · price

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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹332.75
prior close
₹328.40
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AI summary

V-Guard Industries board meeting on May 12, 2026 approved audited Q4 and full year FY26 results. Standalone revenue grew to ₹5,691.78 crore (FY25: ₹5,308.87 crore) but PAT declined slightly to ₹259.37 crore (FY25: ₹260.22 crore). Consolidated revenue stood at ₹5,965.78 crore with PAT of ₹308.33 crore (FY25: ₹313.72 crore). The board recommended a final dividend of ₹1.50 per share (150% on face value of ₹1) for shareholder approval at the 30th AGM on August 11, 2026. Record date is July 31, 2026 with payment due by September 9, 2026. The company also allotted 87,239 equity shares under ESOS 2013 and appointed Ms. Usha Sunny as an Independent Director.

Likely market impact

The dividend represents a 150% payout on the ₹1 face value, indicating continued shareholder returns despite marginal profit decline. The consistent dividend policy is positive for income-focused investors, though the slight dip in profitability warrants monitoring.