Suyog Gurbaxani Recommends Re 0.50/Share Final Dividend (Total Outgo ₹1.24 Cr)
The Board of Directors of Suyog Gurbaxani Funicular Ropeways has recommended a final dividend of Re 0.50 per equity share (5% of face value ₹10) for FY26. The total dividend outgo will aggregate to ₹1.24 crore, representing approximately 11.3% of FY26 net profit (₹11 crore). The record date to determine eligible shareholders is fixed for September 22, 2026, subject to shareholder approval at the AGM scheduled for September 29, 2026.
high confidence
What changedBoard recommended a final dividend of Re 0.50/share for FY26 and fixed AGM and record dates.
Why it mattersDemonstrates cash return to shareholders with a total payout of ₹1.24 crore against FY26 PAT of ₹11 crore.
Dividend per share: Re. 0.50Total dividend payout: Rs. 1,24,31,111Dividend as % of FY26 PAT: ~11.3%Record date: September 22, 2026AGM date: September 29, 2026
📅 Short termShare price may see routine dividend interest ahead of the September 22, 2026 record date.
📈 Long termLimited; routine annual dividend payout consistent with profitable operations.
⚠ Risk flags
- Subject to shareholder approval at the AGM
👀 What to Watch
Track the ex-dividend date around September 22, 2026, and look for shareholder approval and management commentary on upcoming projects (Jejuri, Diu-Daman) during the AGM on September 29, 2026.
