StockWatch
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Industrial Minerals
Dividend14 May 2026, 07:21 pm

GMDC Recommends ₹39.50 Dividend, FY26 Results Approved

AI Summary

Gujarat Mineral Development Corporation Ltd (GMDC) announced the approval of audited financial results (standalone and consolidated) for the fiscal year ended March 31, 2026, during a board meeting held on May 14, 2026. The board recommended a dividend of ₹39.50 per equity share of ₹2 each (475%) for FY2025-26, subject to shareholder approval. The meeting commenced at 4:00 PM and concluded at 6:25 PM. The company's website will also host this information.

Key Highlights

  • GMDC board approves audited financial results for FY2025-26 (standalone and consolidated).
  • A dividend of ₹39.50 per share (475%) is recommended for FY2025-26.
  • Board meeting commenced at 4:00 PM and concluded at 6:25 PM on May 14, 2026.
  • Auditors issued an unmodified opinion on the financial results.