Vaibhav Global Limited’s Board of Directors convened on October 28, 2026, to review and approve unaudited financial results for the quarter and half-year ended September 30, 2026. Key decisions included the declaration of a 2nd Interim Dividend of Rs. 1.50/- per equity share, with a record date set for November 4, 2026. The board also approved the grant of 8,018 Restricted Stock Units (RSUs) to eligible employees under the VGL RSU Plan 2019.
Board Meeting Outcomes
The Board of Directors of Vaibhav Global Limited held its meeting on Wednesday, October 28, 2026. During this meeting, the Board considered and approved several significant matters, including the company’s unaudited financial results for the quarter and half-year ended September 30, 2026.
Interim Dividend Declared
A key decision was the declaration of the 2nd Interim Dividend for the financial year 2026-27. The dividend amount is set at Rs. 1.50/- per equity share, based on a face value of Rs. 2/- per equity share. The company has fixed Wednesday, November 4, 2026, as the record date for determining the eligibility of shareholders for this dividend. The payment of this dividend is expected within 30 days from the declaration date.
Employee Stock Option Grant
Furthermore, the Board approved the grant of 8,018 Restricted Stock Units (RSUs). These RSUs are convertible into an equal number of equity shares of Rs. 2/- face value each, under the VGL RSU Plan 2019. The grant is intended for eligible employees of the Company. The terms of the grant include options vesting over a three-year period (20% on completion of 1st year, 30% on completion of 2nd year, and 50% on completion of 3rd year). The exercise window for these options is 3 months from the date of respective vesting.
Financial Results Overview
The unaudited financial results, prepared under Ind AS, reflect the company’s performance for the specified periods. The consolidated financial statements show a Profit before tax of Rs. 4,442.47 lakhs for the quarter ended September 30, 2026, and a total comprehensive income attributable to owners of Rs. 5,716.75 lakhs for the same period. For the year to date ended September 30, 2026, the profit before tax stood at Rs. 11,529.76 lakhs, with total comprehensive income attributable to owners at Rs. 11,310.63 lakhs.
Source: BSE
