Dividend27 May 2026, 10:22 pm
Uni Abex Recommends ₹100 Dividend, Elevates Nisar Hassan to CEO
AI Summary
Uni Abex Alloy Products Ltd's board meeting on May 27, 2026, approved audited financial results for FY26 and recommended a dividend of ₹40 per share (400%) and a special dividend of ₹60 per share (600%) due to the Thane land sale, totaling ₹100 per share (1000%). The board also elevated Mr. Nisar Hassan, COO & Manager, to CEO with immediate effect. The meeting commenced at 5:10 p.m. (IST) and concluded at 7:50 p.m. (IST).
Key Highlights
- Recommended dividend of ₹40 per share (400%) for FY 2025-26.
- Recommended special dividend of ₹60 per share (600%) on Thane land sale.
- Total dividend recommended is ₹100 per share (1000%).
- Nisar Hassan elevated to Chief Executive Officer from COO & Manager.
- Audited financial results for FY26 approved.