Board Decision and Dividend Details
The Board of Directors at its meeting held on 27th May, 2026 recommended a Final Dividend of ₹4 per equity share of face value ₹10 each for Financial Year 2025-26.
This final dividend recommendation is subject to approval of members at the ensuing Annual General Meeting.
The total dividend payout for FY 2025-26 will amount to ₹6 per share (60% payout ratio), comprising:
- Interim Dividend: ₹2 per share
- Final Dividend: ₹4 per share
Rationale for Special Dividend
The Board noted that the company has consistently maintained a dividend payout ratio of approximately 30% of annual profits over past several financial years.
During FY 2025-26, the company earned exceptional and non-recurring profits primarily from the sale/disposal of certain long-term assets.
Considering enhanced profitability and liquidity position, the Board recommended an additional dividend payout aggregating to approximately 30% of profits for the year.
This additional payout is declared as a Special Dividend component forming part of the final dividend recommendation.
Important Clarification
The company explicitly states that this additional dividend payout is attributable solely to one-time exceptional income and should not be construed as:
- A revision or modification of the company's regular dividend distribution policy/practice
- An indication or expectation of similar dividend payouts in future financial years
Payment Timeline
If approved by members at the ensuing AGM, the final dividend shall be paid/dispatched within prescribed timelines under applicable laws.