
Dividend19 May 2026, 06:01 pm
Trident Approves ₹0.50 Interim Dividend for FY 2026-27
AI Summary
Trident Ltd's board has approved the 1st interim dividend of ₹0.50 per equity share (50%) for FY 2026-27. The record date for determining shareholders eligible for the dividend is set for May 23, 2026. The board also approved the audited financial results for the quarter and financial year ended March 31, 2026, re-appointed cost and internal auditors, scheduled the 36th AGM for July 31, 2026, re-appointed Mr. Deepak Nanda as Managing Director, and approved raising funds up to ₹500 Crore through Non-Convertible Debentures. The board decided not to proceed with the incorporation of the proposed domestic wholly-owned subsidiary.
Key Highlights
- Trident declares ₹0.50 per share interim dividend for FY 2026-27.
- Record date for dividend payment is May 23, 2026.
- Board approves raising up to ₹500 Crore via Non-Convertible Debentures.
- Deepak Nanda re-appointed as Managing Director for 3 years.
- Decision not to proceed with proposed domestic wholly-owned subsidiary.
Price Impact
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