Dividend27 May 2026, 06:42 pm
Oriental Rail Recommends 10% Dividend for FY26
AI Summary
Oriental Rail Infrastructure Ltd's board has recommended a dividend of ₹0.10 per equity share (10%) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The company also reported that it, along with its subsidiary Oriental Foundry Private Limited, has total orders in hand of ₹1,739.80 Crore. The board meeting, which approved the audited financial results for the quarter and year ended March 31, 2026, commenced at 04:30 p.m. and concluded at 06:10 p.m.
Key Highlights
- Oriental Rail recommends a dividend of ₹0.10 per share (10%) for FY26.
- Dividend is subject to shareholder approval at the AGM.
- Company and subsidiary have total orders in hand of ₹1,739.80 Crore.
- Audited financial results for FY26 were approved at the board meeting.
Price Impact
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