Shalibhadra Finance Recommends ₹0.50 Dividend, Sets AGM for Sep 30
Shalibhadra Finance recommended a final dividend of ₹0.50 per equity share for FY26. The 35th AGM is scheduled for September 30, 2026. The record date is September 23, 2026. M/s. JSD & Associates appointed as Secretarial Auditor for five years.
The dividend recommendation and AGM schedule are important for shareholders, but the impact is medium as it's a routine corporate event and the dividend amount is relatively small per share.
The announcement is positive due to the recommendation of a final dividend and the appointment of a secretarial auditor, which are standard corporate actions that benefit shareholders.
Shalibhadra Finance Limited announced that its Board of Directors, in a meeting held on September 2, 2026, approved several key items. The Board recommended a final dividend of ₹0.50 per equity share of ₹10 each for the financial year ended March 31, 2026. This dividend, totaling ₹1,54,44,200, is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
The 35th AGM is scheduled to be held on Wednesday, September 30, 2026, at 1:00 p.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OVAM). The remote e-voting period for the AGM will commence on Sunday, September 27, 2026, at 9:00 a.m. (IST) and conclude on Tuesday, September 29, 2026, at 5:00 p.m. (IST).
The record date for determining eligible shareholders for the dividend payment and for e-voting at the AGM has been set as Wednesday, September 23, 2026. Consequently, the Company's Register of Members & Share Transfer books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026, inclusive, for dividend and AGM purposes.
Additionally, the Board approved the Directors Report, Management Discussion and Analysis Report, and Corporate Governance Report for the financial year ended March 31, 2026. Mr. Paresh D. Pandya has been appointed as a scrutinizer for the e-voting process at the AGM. The Board also recommended the appointment of M/s. JSD & Associates as the Secretarial Auditor for a term of five consecutive years from April 1, 2026, to March 31, 2031, subject to shareholder approval.
A plain-language summary of a public exchange filing by Shalibhadra Finance Limited. Read the original for the full detail.