Dividend6 Aug 2026, 05:20 pm
Visaka Industries declares interim dividend of ₹1, sets record date Aug 13
AI Summary
Visaka Industries Ltd announced an interim dividend of ₹1 per share (50%) for FY 2026-27. The record date for determining eligible shareholders is August 13, 2026. The company's Board of Directors also approved audited financial results for Q1 FY27, showing an unmodified audit opinion. Additionally, Visaka Industries approved a capacity expansion for fibre cement boards and calcium silicate boards by 72,000 MT PA at an estimated capex of ₹175 Crore, with commercial production anticipated by December 2027. A new construction chemicals line will also be set up at the Tumkur unit with an investment of ₹10 Crore.
Key Highlights
- Interim dividend of ₹1 per share declared for FY 2026-27.
- Record date for dividend payment fixed as August 13, 2026.
- Approved Q1 FY27 financial results with unmodified audit opinion.
- Capacity expansion of 72,000 MT PA approved for boards at ₹175 Crore.
- New construction chemicals line to be established at Tumkur unit.
Price Impact
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