StockWatch
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Residential- Commercial Projects
Dividend29 May 2026, 08:31 pm

Lancor Holdings Approves 15% Final Dividend

AI Summary

Lancor Holdings Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of 15%, comprising a 10% dividend and a 5% special dividend (totaling ₹0.30 per equity share), subject to shareholder approval. The special dividend recognizes the successful defense of the commercial property, Menon Eternity, Chennai, following a Supreme Court order.

Key Highlights

  • Board approves audited financial results for FY26.
  • Recommends a final dividend of 15% (₹0.30 per share).
  • Includes a 5% special dividend related to Menon Eternity property.
  • Dividend is subject to shareholder approval at the AGM.