Nirlon Ltd Board Approves Dividend Policy Modification

Nirlon Ltd announced that its Board of Directors, in a meeting held on November 2, 2026, has approved modifications to the company's Dividend Distribution Policy. This policy, initially adopted on June 30, 2020, complies with SEBI regulations requiring the top 500 listed companies to disclose such a policy. The policy outlines the company's commitment to stakeholder value creation through sustainable returns and an appropriate capital strategy for long-term growth. It details the philosophy behind dividend distribution, including interim and final dividends, and specifies circumstances under which dividends may or may not be declared, such as significant expansion projects, increased working capital needs, acquisitions, joint ventures, or inadequate profits. The Board will continue to consider financial requirements, growth opportunities, and other relevant factors when making dividend decisions.