Visaka Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 26-Jun-2026.
VISAKAIND · price
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Visaka Industries Limited reported strong FY2026 results with standalone revenue of Rs. 1,67,559 lakhs, up 8.7% from Rs. 1,54,081 lakhs in FY2025. Net profit surged to Rs. 8,783 lakhs from just Rs. 14 lakhs, boosted by exceptional gains of Rs. 5,970 lakhs from land sales (Ahmedabad and Kanchipuram). EPS jumped to Rs. 10.17 per share from Rs. 0.02. The Board recommended a final dividend of Rs. 1.20 per share (60% on Rs. 2 face value) for FY2026, subject to shareholder approval at the 44th AGM on July 30, 2026. Record date for dividend is June 26, 2026. The company also announced CFO transition - Mr. S. Shafiulla retires on June 19, 2026, replaced by Mr. Ramakrishna Pendyala (Chartered Accountant with 21+ years experience) from June 20, 2026.
The company delivered a transformational year with profit increasing over 600x, primarily due to asset sales. The 60% dividend payout signals confidence in sustained profitability. Shareholders on record by June 26, 2026 will receive the dividend.