Shalibhadra Finance Recommends Final Dividend of ₹0.50 Per Share; AGM on Sep 30
Shalibhadra Finance recommended a final dividend of ₹0.50 per 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 5 years.
The dividend announcement and AGM details are material for shareholders, impacting their returns and corporate governance. The appointment of a secretarial auditor for a long term also adds to the company's compliance framework.
The announcement includes a positive development of recommending a final dividend, which is generally well-received by shareholders.
Shalibhadra Finance Limited announced the outcome of its Board Meeting held on September 2, 2026. The Board recommended a final dividend of ₹0.50 per equity share of ₹10 each for the financial year ended March 31, 2026. This recommendation is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).
The total dividend payout is estimated to be ₹1,54,44,200, calculated based on 3,08,88,400 shares.
The 35th AGM of the company 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 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 the eligibility of shareholders for the final dividend and for e-voting at the AGM has been fixed 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 the purpose of dividend and AGM.
Furthermore, 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.
In a significant decision, M/s. JSD & Associates has been appointed as the Secretarial Auditor of the Company for a term of five consecutive years, from April 1, 2026, to March 31, 2031, subject to shareholder approval. This appointment is in compliance with SEBI Listing Regulations and the Companies Act, 2013.
A plain-language summary of a public exchange filing by Shalibhadra Finance Limited. Read the original for the full detail.