Dividend12 May 2026, 02:50 pm
Standard Industries Recommends ₹0.25 Final Dividend for FY26
AI Summary
Standard Industries Ltd's Board of Directors has recommended a final dividend of ₹0.25 per share for the financial year 2025-26, subject to shareholder approval at the Annual General Meeting. The record date for determining shareholder entitlement is set for August 11, 2026, with dividend payment expected on or before September 17, 2026. Additionally, the board approved the assignment of development rights for land in Mumbai to Prabhadevi Developer Private Limited for ₹169.51 Cr plus allocation of residential area.
Key Highlights
- Final dividend of ₹0.25 per share recommended for FY26.
- Record date for dividend eligibility is August 11, 2026.
- Dividend payment to be made on or before September 17, 2026.
- Development rights assigned for land in Mumbai for ₹169.51 Cr plus area allocation.
- Re-appointment of Shri Khurshed Thanawalla as Non-Executive Independent Director proposed.
Price Impact
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