
508486 Board Recommends ₹140 Dividend for FY26
The Board of Directors of 508486, at its meeting on May 28, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The Board recommended a payment of dividend of ₹140 per equity share of face value ₹10 for the financial year ended March 31, 2026, subject to shareholder approval at the 66th Annual General Meeting (AGM) scheduled for July 29, 2026. The dividend, if approved, will be paid by August 28, 2026. Additionally, the Board approved the closure of the Register of Members from July 23 to July 29, 2026, for dividend payment and the AGM. The Board also recommended the re-appointment of Mr. Tej Paul Sharma and Mr. Neil Vasudeva as Wholetime Directors, and Mr. Murli Aildas Teckchandani as an Independent Director, along with the appointment of Ms. Vini Mahajan as an Independent Director, all subject to shareholder approval at the upcoming AGM.
Key Highlights
- Board approved audited financial results for Q4 and FY26.
- Recommended a dividend of ₹140 per equity share for FY26.
- Dividend payment is subject to shareholder approval at the AGM on July 29, 2026.
- Register of Members to close from July 23 to July 29, 2026.
- Re-appointment and appointment of Wholetime and Independent Directors recommended.
Price Impact
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