WABAGNSEVA Tech Wabag Limited· EngineeringHighNeutral
Announced Thu, 21 May · 17:10 IST

VA Tech Wabag Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 5 per equity share subject to the approval of the Members at the ensuing 31st Annual General Meeting (AGM) of the Company

WABAG · price

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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹1414.50
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₹1450.00
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AI summary

VA Tech Wabag Limited's Board of Directors met on May 21, 2026, and approved the Audited Financial Results (standalone and consolidated) for Q4 and the financial year ended March 31, 2026. The Board recommended a final dividend of Rs. 5 per equity share (250% on face value of Rs. 2), commemorating the company's century-long leadership in water and sustainability. The dividend is subject to approval by shareholders at the 31st AGM. The Statutory Auditors issued an unmodified (clean) opinion on the financial statements, indicating no concerns with the company's accounting or going concern assumptions.

Likely market impact

The recommendation of a 250% dividend signals the company's financial strength and commitment to returning value to shareholders. A clean audit opinion reinforces confidence in the company's financial reporting integrity.