The Board of directors in the meeting held on 26th May, 2026, approved the dividend.
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Vikram Thermo India Ltd's Board of Directors met on 26th May, 2026 and approved the audited financial results for Q4 and FY ended March 2026. The Board recommended a final dividend of Rs. 1.25 per equity share (12.5% on face value of Rs. 10), subject to shareholder approval. The company also appointed new internal and cost auditors for FY 2026-27, and approved 10% salary increases for the Managing Director and two Whole-Time Directors. Additionally, a related party remuneration increase for the Head of F&D was approved, pending shareholder consent at the AGM.
The dividend recommendation signals the company is generating sufficient cash flows and returning value to shareholders. The modest 12.5% dividend is typical for a mid-sized chemical company, though the actual impact on stock price will depend on market sentiment around the overall financial performance disclosed.