Dividend14 May 2026, 07:01 pm
Mukand Ltd Approves FY26 Results, ₹3 Dividend
AI Summary
Mukand Ltd's board approved standalone and consolidated audited financial results for the year ended March 31, 2026. They recommended a dividend of ₹3 per equity share, including a special payout of Re. 1 to celebrate 100 years of the Bajaj Group. Additionally, a dividend on preference shares was recommended. The board also approved an infusion of up to ₹160 crore into Mukand Heavy Engineering Limited, its wholly-owned subsidiary. The AGM will approve the dividend, and payment will be within 30 days, subject to tax deductions.
Key Highlights
- Approved FY26 standalone and consolidated audited financial results.
- Recommended ₹3 dividend per equity share (30%), including ₹1 special payout.
- Recommended dividend on 8% Cumulative Redeemable Preference Shares.
- Approved infusion of up to ₹160 crore into Mukand Heavy Engineering Limited.
- Auditors gave Unmodified Opinion on Annual Audited Standalone and Consolidated Financial Results.
Price Impact
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