Dividend Recommendation for FY 2025-26
Jullundur Motor Agency (Delhi) Limited (NSE symbol: JMA) has announced that its Board of Directors, in a meeting held on May 28, 2026, recommended a final dividend of Rs 3 per equity share for the financial year 2025-26. The equity shares have a face value of Rs 2 each.
This includes a special dividend of Re 1 per share. The total payout translates to a 150% dividend, comprising 100% regular dividend and 50% special dividend. The recommendation will be placed before shareholders for approval at the upcoming Annual General Meeting (AGM).
Dividend Details at a Glance
| Particular | Details |
|---|---|
| Final Dividend Per Share | Rs 3 |
| Face Value Per Share | Rs 2 |
| Total Dividend Rate | 150% |
| Regular Dividend Component | 100% (Rs 2 per share) |
| Special Dividend Component | 50% (Re 1 per share) |
| Financial Year | 2025-26 |
The board has confirmed that the payment of this dividend is contingent upon shareholder approval at the company's AGM. The exact record date and payment schedule will be announced after the AGM.
About Jullundur Motor Agency (Delhi) Limited
Jullundur Motor Agency (Delhi) Ltd is a company listed on the National Stock Exchange. It engages in trading and distribution activities, primarily related to automotive components and accessories. The board's decision to recommend a special dividend suggests a strong cash position or one-time gains during FY26.
What Investors Should Watch For
- Approval by shareholders at the ensuing AGM, which is a procedural requirement for final dividends in India.
- Record date announcement post-AGM to determine eligibility for the payout.
- Impact on the stock price around the ex-dividend date.
The special dividend component indicates the company is sharing additional profits with shareholders beyond the regular payout. This move may be viewed positively by income-focused investors.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult a financial advisor before making any investment decisions.