Dividend23 May 2026, 04:01 pm
Sakthi Finance Recommends ₹0.80 Dividend Per Share
AI Summary
Sakthi Finance Ltd's Board of Directors, in a meeting held on May 23, 2026, recommended an equity dividend of ₹0.80 per share (8% on the face value of ₹10 each), aggregating ₹517.65 lakhs, subject to member approval at the AGM. The board also approved the audited financial results for the quarter and year ended March 31, 2026. Additionally, the company announced the redemption of Non-Convertible Debentures (NCDs) issued on July 9, 2024, under the NCD Public Issue Prospectus dated June 13, 2024.
Key Highlights
- Equity dividend of ₹0.80 per share recommended, totaling ₹517.65 lakhs.
- Audited financial results for the quarter and year ended March 31, 2026, approved.
- Redemption of NCDs issued on July 9, 2024, announced.
- Independent Auditor's Report with an unmodified opinion received.
- Half-yearly report on Related Party Transactions as at 31 March 2026 is disclosed.
Price Impact
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