Dividend25 May 2026, 06:22 pm
Eldeco Housing Approves 450% Final Dividend
AI Summary
The Board of Directors of Eldeco Housing & Industries Ltd approved a final dividend for the financial year ended March 31, 2026, at the rate of 450%, which is Rs. 9 per equity share of face value Rs. 2 each. The dividend is subject to shareholder approval in the upcoming Annual General Meeting and will be paid within 30 days of declaration. The board also approved the audited financial results for the quarter and year ended March 31, 2026.
Key Highlights
- Eldeco Housing approved a final dividend of 450% (Rs. 9 per share) for FY26.
- Dividend payment is subject to shareholder approval at the AGM.
- Audited financial results for Q4 and FY26 were approved by the board.
- Remuneration increase for Chairman cum Managing Director approved, effective April 1, 2026.
- M/s Seth & Associates re-appointed as Internal Auditor for FY 2026-2027.
Price Impact
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