StockWatch
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Asset Management Company
Dividend29 May 2026, 07:12 pm

IL&FS Investment Managers Recommends ₹0.70 Dividend

AI Summary

IL&FS Investment Managers Ltd's board recommended a dividend of ₹0.70 per equity share with a face value of ₹2 each for the financial year ended March 31, 2026, subject to shareholder approval. The decision was made during a board meeting on May 29, 2026, where the audited standalone financial statements for the same period were approved. The consolidated financial statements are pending due to the non-receipt of audited statements from a subsidiary. The record date and payment date for the dividend will be announced later.

Key Highlights

  • IL&FS Investment Managers recommends a dividend of ₹0.70 per share.
  • Dividend is for the financial year ended March 31, 2026.
  • Standalone financial statements for FY26 approved with modified opinion.
  • Consolidated financial statements are pending approval.
  • Auditor's report mentions ongoing SFIO investigation.