StockWatch
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Iron & Steel
Dividend1 May 2026, 08:31 pm

Jindal Steel recommends ₹2/share final dividend for FY26

AI Summary

Jindal Steel Ltd's Board of Directors, at its meeting on May 1, 2026, approved the audited financial results for Q4 and the full financial year ended March 31, 2026. The Board also recommended a final dividend of 200%, equivalent to ₹2/- per equity share (face value ₹1/-) for FY2025-26. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the Board approved the re-appointment of M/s Shome & Banerjee as the Cost Auditors for the Financial Year 2026-27. The statutory auditors, Lodha & Co. LLP, issued an unmodified opinion on the financial results.

Key Highlights

  • Board recommended ₹2/share final dividend for FY2025-26.
  • Dividend is 200% of face value, subject to shareholder approval.
  • Approved audited financial results for Q4 and full year FY2025-26.
  • Re-appointed M/s Shome & Banerjee as Cost Auditors for FY2026-27.