RHI MAGNESITA INDIA LIMITED announced that its Board of Directors has recommended a final dividend of Rs 2.50 per fully paid-up equity share of Re 1 each for the financial year ended March 31, 2026. The dividend is 250% on the face value of each equity share.
The board approved the audited standalone and consolidated financial results for the quarter ended March 31, 2026 and the financial year ended March 31, 2026. The board meeting was convened on May 28, 2026 and was resumed on May 29, 2026 following an adjournment to complete the approval process.
The final dividend of Rs 2.50 per equity share is the total dividend proposed by RHI Magnesita India Limited for the financial year 2025-26. The recommendation is subject to approval by shareholders at the ensuing Annual General Meeting.
The record date for determining shareholders eligible for the final dividend will be announced in due course. The dividend will be paid to all eligible shareholders once it is declared by shareholders at the Annual General Meeting.
The board meeting initially started on May 28, 2026 at 2:30 PM and was adjourned at 3:55 PM. The meeting resumed on May 29, 2026 at 4:45 PM and concluded at 8:30 PM.
RHI Magnesita India Limited disclosed the board decisions to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 and 33 of the SEBI Listing Regulations. The company's equity shares are listed on both stock exchanges under the symbol RHIM.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.