Members declare final dividend of ₹0.05 per share for FY 2025-26; approve share consolidation to ₹10 face value

At the 32nd AGM held on 30th September 2026, members declared a final dividend of ₹0.05 (Five Paise) per equity share of face value ₹5 each for FY ended 31st March 2026.

Wed 30 Sep 2026

Final Dividend Per Share

₹0.05 (Five Paise) per equity share of face value ₹5 each

Total Dividend Payout

₹4,37,770

Number of Equity Shares

87,55,400

Dividend Payment Date

on or before Thursday, 29th October 2026

Share Consolidation Approved

consolidation of equity shares from face value ₹5 each to ₹10 each

What was announced

The company has reported the outcome of its 32nd Annual General Meeting held on Wednesday, 30th September 2026.

Dividend

• Final dividend declared by members: ₹0.05 (Five Paise) per equity share
• Face value of each equity share: ₹5
• Total dividend outgo: ₹4,37,770
• Number of equity shares: 87,55,400
• For the financial year ended 31st March 2026
• Payment on or before Thursday, 29th October 2026, within 30 days of declaration as required by Section 127 of the Companies Act, 2013

A final dividend is approved by shareholders at the AGM and then paid to those who are eligible. Here the amount per share is small relative to the ₹5 face value, so the total cash going out of the company is modest.

Share consolidation

Members also approved, by way of an ordinary resolution, the consolidation of the company's equity shares from a face value of ₹5 each to ₹10 each, together with the consequential alteration of Clause V of the Memorandum of Association.

Consolidation (sometimes called a reverse split) merges shares into a smaller number of shares with a higher face value. A holder's proportionate ownership in the company does not change because of the consolidation itself; the number of shares held and the per-share face value change in step.

Voting results

The detailed voting results along with the Scrutinizer's Report are to be submitted separately, within two working days of the conclusion of the meeting.

How investors may read it

The update confirms a cash return to shareholders, though a small one in rupee terms. The approved consolidation is a structural change to the share capital, and shareholders will need to watch for the record date and the process details for exchange of shares that typically follow such a corporate action.

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