StockWatch
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Iron & Steel Products
Board Meeting27 May 2026, 10:22 pm

Uni Abex: FY26 Results Approved, ₹100 Dividend Recommended

AI Summary

Uni Abex Alloy Products Ltd's board approved the audited financial results for FY26 and recommended a total dividend of ₹100 per share (1000% of face value ₹10). This includes a regular dividend of ₹40 per share (400%) and a special dividend of ₹60 per share (600%) due to the Thane land sale. The board also elevated Mr. Nisar Hassan from COO & Manager to CEO, effective immediately. The meeting took place on May 27, 2026, with the AGM date to be announced later.

Key Highlights

  • Audited FY26 financial results approved by the board.
  • Total dividend of ₹100 per share (1000%) recommended, subject to shareholder approval.
  • Nisar Hassan appointed as CEO, effective immediately.
  • Regular dividend of ₹40 per share (400%) declared.
  • Special dividend of ₹60 per share (600%) due to Thane land sale recommended.