Dividend12 May 2026, 06:11 pm
Neuland Labs Recommends ₹34 Final Dividend for FY26
AI Summary
Neuland Laboratories Ltd's board has recommended a final dividend of ₹34 (340%) per equity share with a face value of ₹10 each for the financial year 2025-26. The dividend will be paid on or after five days from the declaration at the AGM. The board also approved the audited financial results for the year ended March 31, 2026, and appointed Dr. Mauricio Futran as an Additional Director. Additionally, the company approved convening the 42nd AGM on August 4, 2026, and fixed the record date for the dividend as July 24, 2026. The company also plans to enhance capacity at Unit 1 with an investment of ₹143.4 crores.
Key Highlights
- Neuland Labs recommends a final dividend of ₹34 per share for FY26.
- Dr. Mauricio Futran appointed as an Additional Non-Executive Non-Independent Director.
- Capacity expansion planned at Unit 1 with an investment of ₹143.4 crores.
- 42nd AGM scheduled for August 4, 2026; record date fixed as July 24, 2026.
- Audited financial results for FY26 approved with an unmodified opinion from auditors.
Price Impact
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