Belrise Industries Limited has announced its recommendation for a final dividend of ₹0.55 per equity share. This dividend is for the financial year ended March 31, 2026, and applies to all equity shares, including those issued under the Qualified Institutional Placement (QIP). The dividend is subject to shareholder approval at the upcoming Annual General Meeting.
Dividend Recommendation for FY26
Belrise Industries Limited has officially recommended a final dividend for the financial year ending March 31, 2026. The Board of Directors, in their meetings held on May 24, 2026, and August 14, 2026, considered and approved the proposal to pay a final dividend of ₹0.55 per equity share. This represents a dividend yield of approximately 11% on the equity shares.
Dividend Eligibility and Approval
The recommended dividend will be distributed across all equity shares of the company. This includes shares that were issued and allotted as part of the recent Qualified Institutional Placement (QIP). The final declaration and distribution of this dividend are contingent upon the approval of the shareholders during the ensuing Annual General Meeting (AGM).
The company has also made this submission available on its website under the ‘Investor Relations’ section for public access.
Source: BSE