Dividend20 May 2026, 02:14 pm
IRB Infra Declares 5% Dividend; Approves Related Party Deals
AI Summary
IRB Infrastructure Developers Ltd's board approved the consolidated and standalone audited financial results for the year ended March 31, 2026. They declared a 4th interim dividend of 5% (₹0.05 per share) with a record date of May 26, 2026, payable by June 18, 2026. The board also approved related party arrangements for O&M works and project management for multiple SPVs, valued up to ₹23,012.24 crore including GST.
Key Highlights
- IRB Infra approved audited financial results for the year ended March 31, 2026.
- A 5% interim dividend (₹0.05 per share) was declared, record date May 26, 2026.
- Related party O&M and project management deals approved for SPVs, valued up to ₹23,012.24 crore.
- Auditor's report on financial results is unmodified.
Price Impact
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