VHLNSEVardhman Holdings Limited· FinanceHighPositive
Announced Sat, 23 May · 12:44 IST

Vardhman Holdings Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2026, recommended Final Dividend of Rs. 5 per equity share.

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹3483.00
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₹3370.00
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+3.4+2.6+2.6+2.3-2.4-3.8-0.0+0.1-2.0-2.4+0.1+2.9+0.5
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AI summary

Vardhman Holdings Limited's Board of Directors, in its meeting on May 23, 2026, recommended a final dividend of Rs. 5 per equity share (face value Rs. 10), subject to shareholder approval at the AGM. For the standalone year ended March 31, 2026, the company reported a profit before tax of Rs. 53.73 Crores. On a consolidated basis (including its associates Vardhman Textiles Ltd. and Vardhman Spinning & General Mills Ltd.), profit before tax stood at Rs. 229.28 Crores versus Rs. 272.97 Crores in the prior year. Total comprehensive income on consolidated basis was Rs. 497.77 Crores. The statutory auditors issued an unmodified opinion on both standalone and consolidated results. The company functions primarily as an investing entity earning through dividends, interest and investment gains.

Likely market impact

The dividend of Rs. 5 per share represents a modest return for shareholders. Without the current stock price, dividend yield cannot be determined, but the payout is typical for a holding/investment company. The decline in consolidated profit year-on-year is a watch point for investors.