StockWatch
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Specialty Chemicals
Dividend15 May 2026, 06:51 pm

Deepak Nitrite Recommends ₹7.50 Dividend for FY26

AI Summary

The Board of Directors of Deepak Nitrite Ltd, in its meeting held on May 15, 2026, recommended a dividend of ₹7.50 per equity share (375%) for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the upcoming 55th Annual General Meeting (AGM) and will be paid within 30 days from the date of the AGM. The board meeting commenced at 2:10 P.M. and concluded at 4:30 P.M.

Key Highlights

  • Deepak Nitrite recommends ₹7.50 dividend per share.
  • Dividend is 375% on face value of ₹2 per share.
  • Dividend payout is subject to shareholder approval at AGM.
  • Payment will be made within 30 days of AGM approval.
  • Board meeting concluded on May 15, 2026 at 4:30 P.M.