Vaibhav Global Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2025, recommended Final Dividend of Rs. 1.50 per equity share.
VAIBHAVGBL · price
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Vaibhav Global Limited's Board of Directors, at its meeting held on May 21, 2025, approved a Final Dividend of Rs. 1.50 per equity share on a face value of Rs. 2 for the financial year ended March 31, 2025. The dividend is subject to shareholder approval at the 36th Annual General Meeting scheduled for August 5, 2025, and will be paid within 30 days of the AGM. The Board also approved the audited consolidated and standalone financial results for Q4 and FY25. Additionally, Mr. Jason Charles Goldberg was re-appointed as a Non-Executive Independent Director for a second term of 5 years starting October 17, 2025, and M/s. Mehta & Mehta was appointed as the Secretarial Auditor for a 5-year term from FY26 to FY30.
The Rs. 1.50 final dividend signals continued shareholder returns, though modest given the Rs. 2 face value. Approval of audited results and governance changes (director re-appointment, new secretarial auditor) are routine and unlikely to move the stock sharply on their own.