Dividend12 May 2026, 06:01 pm
Neuland Labs: Final Dividend of ₹34/Share; Record Date July 24
AI Summary
Neuland Laboratories Ltd's board approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹34 (340%) per equity share. The record date for determining shareholders eligible for the dividend is set as July 24, 2026. The company will hold its 42nd Annual General Meeting (AGM) on August 4, 2026. Additionally, the board approved the appointment of Dr. Mauricio Futran as an Additional Director and an expansion of capacity at Unit 1 with an investment of ₹143.4 crores.
Key Highlights
- Neuland Labs declared a final dividend of ₹34 (340%) per share for FY26.
- Record date for dividend eligibility is fixed as July 24, 2026.
- Dr. Mauricio Futran appointed as an Additional Non-Executive Non-Independent Director.
- Capacity expansion at Unit 1 approved with an investment of ₹143.4 crores.
- 42nd Annual General Meeting (AGM) scheduled for August 4, 2026.
Price Impact
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