Dividend8 May 2026, 07:51 pm
Bombay Dyeing: Final Dividend of ₹0.40 Recommended; Rights Issue Dropped
AI Summary
Bombay Dyeing & Manufacturing Company Ltd's board recommended a final dividend of ₹0.40 per share (20%) for FY26, subject to approval at the AGM on August 7, 2026. The book closure for determining dividend entitlement is set from August 1 to August 7, 2026. The board also decided not to pursue the previously planned rights issue. Mr. Rajesh Kumar Batra's re-appointment as Non-Executive Independent Director for a second term was recommended.
Key Highlights
- Final dividend of ₹0.40 per share (20%) recommended for FY26.
- Book closure for AGM and dividend entitlement: August 1-7, 2026.
- Rights issue plan abandoned; Rights Issue Committee disbanded.
- Rajesh Kumar Batra's re-appointment as Non-Executive Independent Director recommended.
- 146th Annual General Meeting to be held on August 7, 2026 via video conference.
Price Impact
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