Board Meeting8 May 2026, 08:11 pm
Bombay Dyeing Recommends ₹0.40 Dividend; Rights Issue Dropped
AI Summary
Bombay Dyeing & Manufacturing Company Ltd's board, in its meeting on May 8, 2026, approved audited financial results for FY26 and recommended a final dividend of ₹0.40 per share. The board also decided not to pursue the previously planned rights issue. Additionally, Mr. Rajesh Kumar Batra's re-appointment as a Non-Executive Independent Director for a second term was recommended.
Key Highlights
- Final dividend of ₹0.40 per share recommended for FY26, subject to shareholder approval.
- Board decided not to proceed with the rights issue, disbanding the related committee.
- Re-appointment of Mr. Rajesh Kumar Batra as Non-Executive Independent Director recommended.
- Audited financial results for the quarter and year ended March 31, 2026, approved with unmodified audit opinion.
Price Impact
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