Jullundur Motor Agency (Delhi) Board Recommends 150% Dividend for FY2025-26
The Board of Directors of Jullundur Motor Agency (Delhi) Limited (NSE: JMA) at its meeting held on May 28, 2026, recommended a final dividend of ₹3 per equity share for the financial year 2025-26. This includes a special dividend component of ₹1 per share, making the total payout 150% on the face value of ₹2 per share.
Dividend Components and Payout Ratio
The declared dividend comprises a regular dividend of 100% (₹2 per share) and a special dividend of 50% (₹1 per share), aggregating to 150% payout. The table below summarises the recommended distribution:
| Particulars | Amount per Share (₹) | Percentage of Face Value |
|---|---|---|
| Face Value | ₹2 | 100% |
| Regular Dividend | ₹2 | 100% |
| Special Dividend | ₹1 | 50% |
| Total Dividend | ₹3 | 150% |
Special Dividend Details
The board has included a special dividend of ₹1 per share as part of the final recommendation. Special dividends are typically distributed when a company has accumulated surplus profits or non-recurring gains, though the company has not specified the rationale in the announcement. The regular dividend component remains in line with the company's historical payout trend.
Next Steps – Shareholder Approval Required
As per the exchange filing, the final dividend is subject to approval by shareholders at the ensuing Annual General Meeting (AGM) of the company. The record date and payment date will be announced after shareholder approval. Investors holding shares as of the record date will be eligible for the dividend if approved.
About Jullundur Motor Agency (Delhi) Limited
JMA is an established player in the Indian auto components and distribution sector, listed on NSE. The company has a history of rewarding shareholders with regular dividends. This year's inclusion of a special dividend could reflect strong financial performance in FY2025-26, although the company has not released detailed financials alongside the announcement.
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 recommendation is subject to shareholder approval at the AGM.