Quarterly Result8 May 2026, 08:51 pm
SCI: FY26 Results Approved, Dividend of ₹1/Share Recommended
AI Summary
The Board of Directors of Shipping Corporation of India Ltd approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. They also recommended a dividend of Re. 1 per equity share (10% of face value ₹10), subject to shareholder approval at the upcoming AGM. The dividend, if approved, will be paid within 30 days of AGM approval. The board meeting was held on May 8, 2026, from 1500 hours IST to 1830 hours IST.
Key Highlights
- Audited standalone and consolidated financial results for FY26 approved.
- Dividend of ₹1 per share (10%) recommended, subject to shareholder approval.
- Auditors' report with unmodified opinion enclosed with the financial results.
- Geopolitical issues in the Middle East are not expected to have a material impact.
- Strategic Disinvestment process by the Government of India is in progress.
Price Impact
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