Members Declare 8% Equity Dividend of Rs. 0.80 Per Share at 69th AGM
Shareholders approved an 8% equity dividend at the 69th AGM held on 26 September 2026.
By ScoutQuest · · 1 min read
- Dividend Rate
- 8% on equity share capital
- Dividend Per Share
- ₹ 0.80 per equity share
- Face Value
- ₹ 10 per equity share
- Total Gross Payout
- ₹ 517.65 lakhs
- AGM Date
- 26 September 2026
What happened
The 69th Annual General Meeting of the company was held on Saturday, 26 September 2026 at 11.30 a.m. through video conference. At this meeting, the members declared a dividend on equity shares for the financial year ended 31 March 2026.
The dividend details
- Rate: 8 per cent on the equity share capital
- Amount per share: ₹ 0.80 per equity share
- Face value of each equity share: ₹ 10
- Gross dividend payout: ₹ 517.65 lakhs
- The payout is subject to deduction of tax, wherever applicable
Payment
The dividend will be paid to shareholders within the prescribed time.
How to read this
A dividend is a share of profits paid out in cash to shareholders. Here, an investor holding one equity share receives ₹ 0.80 before any applicable tax deduction. The 8 per cent figure is calculated on the ₹ 10 face value of the share, not on the market price, so it is not a yield.
A declaration at the AGM means shareholders have formally approved the payout recommended for the year, making it final rather than proposed. The intimation has also been uploaded on the company's website.
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More numbers
- Dividend rate8 per cent
- Dividend per equity share0.80 per equity share
- Face value per equity shareface value of ¥ 10 each
- Gross dividend payout¥ 517.65 lakhs
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