Recommended Payments of Final Dividend
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Valplast Technologies Ltd's Board has recommended a final dividend of Rs. 1.00 per equity share (10%) on the face value of Rs. 10/- each for FY 2025-26. This is subject to shareholder approval at the ensuing AGM. The company listed on BSE SME platform in October 2025 via IPO. The face value changed from Rs. 1 to Rs. 10 (stock split), with share capital increasing from Rs. 14.43 lakh to Rs. 19.63 lakh. For FY 2025-26, standalone revenue grew 63% to Rs. 10,334 lakh and net profit rose 52% to Rs. 930 lakh. The Board also approved variation in utilization of IPO proceeds, replacing Rs. 495 lakh originally earmarked for machinery purchase with General Corporate Purpose and Working Capital. Record date and AGM date to be intimated.
The dividend of Rs. 1 per share represents a modest 10% yield on the Rs. 10 face value. The stock split increases liquidity and widens accessibility. The strong profit growth supports the dividend. Shareholders should note record date is yet to be announced.