Albert David Limited (ALBERTDAVD) — Corporate Action

1 Corporate Action 🔴 High Importance Neutral 📄 PDF

📢 Key Event
Board approves final dividend and appoints new CEO

🔄 What Changed
Final dividend recommended at Rs.5.00 per share; record date set for July 30, 2026

🔮 What's Next
87th AGM scheduled for August 6, 2026

💡 Investor Takeaway
Shareholders will receive a dividend of Rs.5.00 per share if approved at the upcoming AGM.

Albert David Limited announced on May 12, 2026, that its Board approved a final dividend of Rs.5.00 per share (50% of Rs.10 face value) for FY2026, subject to shareholder approval at the 87th AGM scheduled for August 6, 2026. The record date for dividend eligibility was set for July 30, 2026, with the register closed from July 31 to August 6, 2026. Mr. Amit Mahla was appointed CEO effective May 12, 2026, and PwC was reappointed as internal auditors for FY2026-27.

2 Corporate Action 🔴 High Importance Neutral 📄 PDF

📢 Key Event
Board approves final dividend and appoints new CEO

🔄 What Changed
Final dividend recommended at Rs.5 per share (50% yield) on Rs.10 face value

🔮 What's Next
Record date fixed as July 30, 2026 for dividend payment

💡 Investor Takeaway
Shareholders receive a 50% dividend yield on face value pending AGM approval.

Albert David Limited announced a final dividend of Rs.5 per share (50% yield) on a Rs.10 face value for FY2026, subject to shareholder approval at the August 6, 2026 AGM, with the record date set for July 30, 2026, and the board also appointed Amit Mahla as CEO and reappointed PwC and S. Gupta & Co. as auditors.

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