Jullundur Motor Agency (Delhi) Board Recommends Final Dividend for FY2025-26
Jullundur Motor Agency (Delhi) Limited (NSE: JMA) has announced that its Board of Directors, at a meeting held on May 28, 2026, recommended a final dividend of Rs 3 per equity share for the financial year 2025-26. The dividend includes a special component of Rs 1 per share, reflecting the company's commitment to rewarding shareholders.
The recommended dividend translates to 150% on the face value of Rs 2 per share, with the special dividend accounting for 50% of that payout. The final dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM) of the company.
Dividend Details at a Glance
| Particulars | Details |
|---|---|
| Dividend per share | Rs 3 |
| Face value per share | Rs 2 |
| Total dividend (including special) | 150% |
| Special dividend component | Rs 1 per share (50%) |
| Financial year | 2025-26 |
| Approval required | Shareholders at AGM |
Key Highlights from the Announcement
- The Board of Directors met on May 28, 2026, to recommend the dividend.
- The total dividend of Rs 3 per share includes a special dividend of Rs 1 per share.
- The payout represents 150% on the face value of Rs 2 per share.
- The special dividend portion is 50% of the face value.
- Payment is contingent on shareholder approval at the ensuing AGM.
What This Means for Shareholders
For investors holding shares of Jullundur Motor Agency (Delhi), the recommended dividend offers a potential return of Rs 3 per share for FY2025-26. The inclusion of a special dividend suggests the company may have had a strong cash position or exceptional earnings during the year. However, the final payout will only be confirmed after the AGM, where shareholders will vote on the proposal.
The company has not yet announced the record date or payment date for the dividend. Shareholders are advised to monitor official communications from the company and the exchange for further updates.
Jullundur Motor Agency (Delhi) Limited is a well-known player in the automotive components and distribution sector. The dividend announcement reflects its ongoing policy of sharing profits with shareholders.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should consult their financial advisors before making any investment decisions. The dividend is subject to shareholder approval and company policies.