Navin Fluorine International Limited (NAVINFLUOR) — Corporate Action Announcement

· NSE 🔴 High Importance Neutral
📢 Key Event
Navin Fluorine declares ₹8.60 final dividend per share (430% face value) for FY2025-26, subject to AGM approval.
🔄 What Changed
Reversal of ₹11.91 crores in labor law liability provision; ₹750 crores raised via QIP at ₹4,680/share.
🔮 What's Next
None specified in the filing.
💡 Investor Takeaway
The dividend offers a high yield, but its approval depends on shareholder vote at the AGM.

Navin Fluorine International Limited announced a final dividend of ₹8.60 per share (430% of face value) for FY2025-26, subject to shareholder approval at the upcoming AGM, following a record date of June 12, 2026. The company also raised ₹750 crores through a qualified institutional placement (QIP) at ₹4,680 per share, fully utilized as per the placement document. Auditor Price Waterhouse confirmed an unmodified opinion on the consolidated financial results for the year ended March 31, 2026, with a reversal of ₹11.91 crores in labor law liabilities due to revised provisions under new labor codes effective November 21, 2025. The company operates in a single chemical business segment.

📄 View Original Announcement (PDF)

About Navin Fluorine International Limited (NAVINFLUOR)

Chemicals · Chemicals & Petrochemicals · Listed on NSE

Market Cap: ₹35,893.68 Cr P/E: 131.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.