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Shipping Corporation of India Declares Interim Dividend of ₹3 per Share

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The Board of Directors of Shipping Corporation of India has approved an interim dividend of ₹3 per equity share (face value of ₹10 each), equivalent to 30% per share, for the financial year 2025-26. The record date for determining shareholder eligibility is November 19, 2025, and the dividend will be paid within 30 days of declaration.

Interim Dividend Announcement

Shipping Corporation of India (SCI) has announced an interim dividend of ₹3 per share, representing 30% of the face value. This decision was made during a board meeting on November 7, 2025.

Key Dates and Details

The key details of the interim dividend are as follows:

  • Dividend Amount: ₹3 per equity share
  • Face Value: ₹10 per share
  • Percentage: 30%
  • Record Date: Wednesday, November 19, 2025
  • Payment Timeline: Within 30 days of declaration

Financial Performance Overview

SCI’s financial results for Q2 2025-26 show a total income of ₹1433.54 million and a profit before tax of ₹200.70 million. The company’s earnings per share for the period stand at ₹3.78.

Strategic Disinvestment Update

The strategic disinvestment process, managed by the Department of Investment and Public Asset Management (DIPAM), continues to progress, with ongoing due diligence by qualified interested parties.

Segment Highlights

Key segment revenues include:

  • Liner: ₹212.92 million
  • Bulk Carrier: ₹200.89 million
  • Tanker: ₹857.58 million
  • Technical & Offshore: ₹73.79 million

Total segment assets were reported at ₹9246.73 million.

Source: BSE

Shipping Corporation of India Interim Dividend Declared; Financial Results Announced for Q2 2026

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The Board of Directors of Shipping Corporation of India (SCI) has approved an interim dividend of ₹3 per equity share (30%) for the financial year 2025-26. The decision was made during a board meeting held on November 7, 2025, where the unaudited standalone and consolidated financial results for Q2 2026 were also considered and approved. The record date for determining shareholder eligibility for the dividend is November 19, 2025.

Interim Dividend Details

SCI’s Board has declared an interim dividend of ₹3 per equity share, which represents 30% of the face value (₹10). This dividend is for the financial year 2025-26 and reflects the company’s financial performance and commitment to shareholder returns. Payment will be completed within 30 days of declaration.

Key Dates for Shareholders

The crucial dates for shareholders concerning the interim dividend are as follows:

  • Record Date: November 19, 2025
  • TDS Information: Shareholders are requested to submit TDS details to Alankit Assignments Limited ([email protected]) before November 19, 2025.

Financial Performance Highlights

For the quarter ended September 30, 2025, SCI reported the following figures:

  • Revenue from operations (Consolidated): ₹1,338.87 million
  • Total Income (Consolidated): ₹1,436.14 million
  • Profit before tax (Consolidated): ₹214.01 million
  • Profit after tax (Consolidated): ₹189.16 million

Segmental Revenue Overview

SCI’s revenue breakdown by segment is as follows:

  • Liner: ₹212.92 million
  • Bulk Carrier: ₹200.89 million
  • Tanker: ₹857.58 million
  • Technical & Offshore: ₹73.79 million

Other Key Updates

The trading window for dealing in the company’s securities, initially closed from October 1, 2025, will remain closed until 48 hours after the financial results are released.

Source: BSE

Signature Global Achieves Strong Sales Momentum in H1 FY26

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Signature Global reported robust performance in H1 FY26, selling over 1,330 units with an average ticket size of INR 34.8 Mn. Sales reached INR 46.6 bn, with an average realization of INR 15,731 per sqft. The company achieved collections of INR 18.6 bn and aims for further growth with planned launches.

H1 FY26 Performance Highlights

Signature Global achieved significant sales, with over 1,330 units sold at an average ticket size of INR 34.8 Mn during H1 FY26.

Sales and Realizations

The company reported sales of INR 46.6 bn in H1 FY26, compared to INR 59.0 bn in H1 FY25. The average sales realization stood at approximately INR 15,731 per sqft in H1 FY26, up from INR 12,457 per sqft in FY25. Future growth is expected with key launches planned.

Collections and Debt

Collections for H1 FY26 reached INR 18.6 bn, compared to INR 21.3 bn in H1 FY25. The company has achieved approximately 31% of its collection guidance for the year. As of September 30, 2025, the net debt for the company stood at INR 9.7 bn.

Financial Outlook

Signature Global anticipates significant launches in the second half of the fiscal year (H2), aiming to meet the FY26 guidance of INR 125 bn. The company projects total sales of INR 125.0 bn for FY26E, with an embedded EBITDA of INR 43.8 bn (35%) and an embedded PAT of INR 31.0 bn (25%). For H1 FY26, the embedded EBITDA was INR 16.3 bn (35%), and the embedded PAT was INR 11.8 bn (25%).

Portfolio and Projects

The company’s portfolio includes a saleable area of 55.2 mn sqft, with approximately 13.8 mn sqft ongoing and 17.1 mn sqft from recent launches. The company aims to deliver ongoing projects within the next 5-6 quarters. Further planned projects are to be launched over the next 2-3 years.

Focus Areas

Signature Global focuses on three micro markets: Sector 71 (18.5 mn sqft), Sohna Elevated Corridor (7.5 mn sqft), and Sector 37D (9.4 mn sqft).

Sustainability and Certifications

The company emphasizes sustainable development, with all projects launched between FY20 and FY24 being either Edge or IGBC certified. Project Daxin has graduated to Edge Advanced.

Source: BSE

The Great Eastern Shipping Interim Dividend Declared for FY 2025-26

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The Board of Directors of The Great Eastern Shipping Company has declared an interim dividend of ₹7.20 per equity share for the financial year 2025-26. The dividend will be subject to deduction of income tax at source (TDS) or withholding tax, as applicable. Shareholders are requested to update their PAN and other details by November 13, 2025, to ensure appropriate tax deduction.

Interim Dividend Details

The Great Eastern Shipping Company Limited has announced an interim dividend of ₹7.20 per equity share for the financial year 2025-26. The company will deduct income tax at source (TDS) or withholding tax from the dividend amount, in accordance with the applicable regulations.

Tax Deduction Information for Resident Shareholders

For resident shareholders holding a valid PAN linked with Aadhaar, tax will be deducted at source at a rate of 10% on the dividend amount. No tax will be deducted if the dividend amount does not exceed INR 10,000, or if the individual shareholder submits Form 15G or Form 15H, provided eligibility conditions are met.

Tax Deduction Information for Non-Resident Shareholders

For non-resident shareholders, tax will be deducted at a rate of 20% (plus applicable surcharge and cess) on the dividend amount. Non-resident shareholders may opt to be governed by the provisions of the Double Tax Avoidance Treaty (DTAA) between India and their country of tax residence, if beneficial. To avail DTAA benefits, shareholders need to furnish required documents by November 13, 2025.

Important Dates and Information

Shareholders are requested to update their PAN, email address, and other details with their respective depositories. The last date for submitting required documents for tax deduction purposes is November 13, 2025. Shareholders can email the scanned copies of the documents to [email protected] and [email protected].

Contact Information

For any queries or clarifications regarding the dividend and tax deduction, shareholders can contact the Company at [email protected] or the Registrar and Share Transfer Agent (RTA) at [email protected].

Additional Notes

The company will email a soft copy of the TDS certificate to the shareholder’s registered email ID after the dividend payment. Shareholders can also view the credit of TDS in Form 26AS from their e-filing account.

Source: BSE

Great Eastern Shipping K.M. Sheth Steps Down; Bharat Sheth Appointed Chairman

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Great Eastern Shipping has announced that K.M. Sheth will step down as Non-Executive Chairman, effective November 9, 2025, due to age-related reasons. The Board has appointed Bharat K. Sheth, currently Deputy Chairman and Managing Director, as the new Chairman. K.M. Sheth has been named Chairman Emeritus in recognition of his 73 years of service.

Chairman’s Retirement

K.M. Sheth, Non-Executive Chairman of Great Eastern Shipping, will retire from his position on November 9, 2025, citing age-related reasons. He joined the company in 1952 and has been a pivotal figure in its growth and success.

Appointment of New Chairman

The Board of Directors has appointed Bharat K. Sheth as the new Chairman of the company, effective November 9, 2025. He will also continue to serve as Managing Director. Bharat K. Sheth has been with the company since 1981 and previously held the position of Deputy Chairman and Managing Director.

Recognition of K.M. Sheth’s Service

In recognition of his contributions, K.M. Sheth has been named Chairman Emeritus of Great Eastern Shipping. This position is honorary, and he will not receive any remuneration in this capacity.

Bharat K. Sheth’s Profile

Bharat K. Sheth joined Great Eastern Shipping in 1981 after graduating from St. Andrews University with a degree in Economics. He was inducted onto the Board as an Executive Director on July 1, 1989, and became Managing Director on April 1, 1999. He then became the Deputy Chairman and Managing Director on August 12, 2005.

Source: BSE

Finolex Industries Investor Presentation on Q2 & Half-Year Financial Results

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Finolex Industries has released its investor presentation on the unaudited financial results for the quarter and half-year ended September 30, 2025. The presentation details the company’s financial performance, including revenue, profit, and volume metrics, along with strategic initiatives. The information is available on the company’s website.

Q2 FY26 Performance Overview

Finolex Industries reported a 6% decrease in volume during the quarter (Q2 FY26: 65,336 MT vs Q2 FY25: 69,341 MT). However, revenue grew by 4% over the past quarter, reaching ₹859 Cr compared to ₹828 Cr in Q2 FY25.

H1 FY26 Performance

For the half-year, Finolex experienced a 2% decrease in volume (H1 FY26: 157,465 MT vs. H1 FY25: 159,961 MT). Revenue saw a 3% decline. H1 FY26 revenue was ₹1,902 Cr compared to ₹1,969 Cr in H1 FY25.

Key Financial Highlights

Q2 FY26:

  • EBITDA stood at ₹130 Cr.
  • PBT reached ₹158 Cr.

H1 FY26:

  • EBITDA stood at ₹224 Cr.
  • PBT (before exceptional items) reached ₹284 Cr.

Liquidity

The company maintains strong liquidity, with free cash (net) of approximately ₹2359 Cr.

Marketing Initiatives

Finolex’s marketing efforts reached an estimated 22 Cr+ people through ATL activities, sponsorships, and social media. On-ground events and exhibitions engaged 55 Lakhs+ individuals across India.

Corporate Social Responsibility (CSR)

The company engages in CSR activities across 15 out of 16 mandated areas, focusing on agriculture, environmental sustainability, education, and healthcare, among others, through the Mukul Madhav Foundation in India.

Source: BSE

Great Eastern Shipping K.M. Sheth Steps Down; Bharat Sheth Appointed Chairman

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Great Eastern Shipping has announced that K.M. Sheth will step down as Non-Executive Chairman on November 9, 2025, due to age-related reasons. In recognition of his service, he will be appointed Chairman Emeritus. Bharat K. Sheth, currently Deputy Chairman and Managing Director, will assume the role of Chairman, effective the same date, while continuing as Managing Director.

Leadership Transition

K.M. Sheth, the Non-Executive Chairman of Great Eastern Shipping, has decided to step down from his position, effective November 9, 2025. This decision is attributed to age-related factors. He has been with the company since 1952 and served on the Board since 1970.

Appointment of Chairman Emeritus

The Board has appointed K.M. Sheth as ‘Chairman Emeritus’ for life in recognition of his lifelong contributions. This position is honorary and does not include any remuneration.

New Chairman Appointment

Bharat K. Sheth, currently serving as the Deputy Chairman and Managing Director, will be appointed as the new Chairman of the company, effective November 9, 2025. He will continue to serve as Managing Director, becoming the Chairman and Managing Director.

Bharat K. Sheth’s Background

Bharat K. Sheth joined the Company in 1981 after graduating with a Bachelor of Science (Economics) from St. Andrews University, Scotland. He was inducted onto the Board as an Executive Director on July 01, 1989, and became Managing Director with effect from April 01, 1999. He was re-designated as Deputy Chairman & Managing Director with effect from August 12, 2005. He is the son of K. M. Sheth and brother of Ravi K. Sheth, Non-Executive Director of the Company.

Source: BSE

Great Eastern Shipping Board Restructuring – Sheth Transitions to Chairman Emeritus

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Great Eastern Shipping has announced a restructuring of its Board. Mr. K. M. Sheth will step down as Non-Executive Chairman, transitioning to the role of Chairman Emeritus effective November 09, 2025. Mr. Bharat K. Sheth, currently Deputy Chairman and Managing Director, will assume the position of Chairman, while continuing his role as Managing Director. The changes reflect long-term succession planning and recognition of service.

Chairman Transition

Effective November 09, 2025, Mr. K. M. Sheth will step down from his position as Non-Executive Chairman of Great Eastern Shipping, due to age-related reasons. He will transition to the role of Chairman Emeritus of the Company for life.

Mr. Sheth joined the Company in 1952 at the age of 20 and was appointed to the Board in 1970. He served as Chairman & Managing Director from 1992, contributing to the company’s growth into one of India’s largest private sector shipping companies.

New Chairman Appointment

The Board has appointed Mr. Bharat K. Sheth, currently Deputy Chairman and Managing Director, as the new Chairman of the Company, effective November 09, 2025. He will also continue to serve as Managing Director.

Mr. Bharat K. Sheth joined the company in 1981 and was inducted to the Board as an Executive Director on July 01, 1989. He became Managing Director on April 01, 1999.

Family Relationships

Mr. Bharat K. Sheth is the son of Mr. K. M. Sheth and brother of Mr. Ravi K. Sheth, who is a Non-Executive Director of the Company.

Source: BSE

Finolex Industries Board Approves Unaudited Results for Q2 2026

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Finolex Industries’ Board has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. Key highlights include revenue from operations of ₹828.43 crore for the quarter. The Board meeting, which approved these results, concluded on November 7, 2025. The company has re-aligned its internal reporting to focus on the manufacture and sale of Pipes and Fittings.

Financial Performance Overview

Finolex Industries announced its unaudited financial results for the second quarter of the financial year 2026, ending September 30, 2025. The Board of Directors officially approved these results at a meeting held on November 7, 2025. The review was completed by Walker Chandiok & Co LLP, Chartered Accountants.

Key Financial Metrics

The following table summarizes the key financial figures from the standalone results:

Revenue from operations for the quarter reached ₹828.43 crore.

Total income stood at ₹911.05 crore.

Profit before tax was ₹59.96 crore.

Profit for the period reached ₹40.67 crore.

Operational Focus

Finolex Industries has streamlined its internal reporting, emphasizing its core business of manufacturing and selling Pipes and Fittings. This strategic shift aligns with Ind AS 108, focusing on resource allocation and performance assessment.

Consolidated Results Highlights

Key figures from the consolidated results show the company’s share of net profit after tax reached ₹7.39 crore and total comprehensive income amounted to ₹7.39 crore for the quarter. The interim financial results for some associates have been reviewed by other auditors.

Assets and Liabilities

Total assets reached ₹6,776.53 crore, with total equity amounting to ₹5,913.40 crore. Liabilities include non-current liabilities of ₹265.39 crore and current liabilities of ₹597.74 crore.

Source: BSE

The Great Eastern Shipping Interim Dividend Declared; Unaudited Results Approved

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The Board of Directors of The Great Eastern Shipping Company has approved the unaudited financial results for the quarter and half year ended September 30, 2025. A ₹7.20 per share interim dividend for FY 2025-26 has been declared, with a record date of November 13, 2025. The dividend will be paid on or after December 02, 2025.

Unaudited Financial Results Approved

The Board of Directors of The Great Eastern Shipping Company has approved the unaudited financial results (Provisional) for the quarter and half year ended September 30, 2025. A copy of the results, along with the Limited Review Report and Security Cover Certificate, has been attached. The company will publish the results in the newspapers as required.

Interim Dividend Declared

The Board has declared a 2nd interim dividend for FY 2025-26 of ₹7.20 per share to the equity shareholders of the Company.

Record Date and Payment Details

The ‘Record Date’ for determining shareholders eligible for the interim dividend is November 13, 2025. The interim dividend will be paid to the shareholders on or after December 02, 2025.

Source: BSE