StockWatch
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Petrochemicals
Board Meeting6 Aug 2026, 08:50 pm

Rain Industries Declares Interim Dividend of ₹1.00 Per Share

AI Summary

Rain Industries Limited announced the outcome of its Board Meeting held on August 6, 2026. The board approved the un-audited financial results for the second quarter and half-year ended June 30, 2026, along with the limited review report from S. R. Batliboi & Associates LLP, which was unqualified. Additionally, the company declared an interim dividend of ₹1.00 per equity share (50% on a face value of ₹2) for the Financial Year ending December 31, 2026. The record date for this dividend has been fixed as August 14, 2026. The board also approved a postal ballot notice for the re-appointment of Mr. Robert Thomas Tonti as an Independent Director for a period of 5 years, subject to shareholder approval.

Key Highlights

  • Un-audited financial results for Q2 and H1 FY26 declared.
  • Interim dividend of ₹1.00 per share declared for FY26.
  • Record date for interim dividend set as August 14, 2026.
  • Re-appointment of Independent Director Robert Thomas Tonti approved.
  • Limited Review Report on financial results received with an unmodified opinion.