Dividend12 May 2026, 05:11 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 date of declaration at the 42nd Annual General Meeting (AGM). The company 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 capacity enhancement at Unit 1 with an investment of ₹143.4 crores.
Key Highlights
- Neuland Labs recommends a final dividend of ₹34 per share for FY26.
- The 42nd AGM is scheduled for August 4, 2026, with a record date of July 24, 2026.
- Dr. Mauricio Futran appointed as an Additional Non-Executive Non-Independent Director.
- Capacity at Unit 1 to be enhanced with an investment of ₹143.4 crores.
- Audited financial results for FY26 approved with an unmodified opinion from auditors.
Price Impact
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