Uni Abex Alloy Products Ltd Recommends ₹100 per Share Dividend

Uni Abex Alloy Products Ltd has announced a significant return to shareholders, with its Board recommending a total dividend of ₹100 per equity share for the financial year 2025-26.

What just happened

The company's Board of Directors has proposed a total dividend of ₹100 per share, constituting ₹40 as a regular dividend and ₹60 as a special dividend. This special dividend is attributed to the proceeds from the sale of the company's land in Thane.

Why this matters

This substantial dividend payout, equating to 1000% of the face value of ₹10 per share, signifies a strong return of capital to shareholders. The special dividend component highlights successful asset monetization.

The backstory

Uni Abex Alloy Products Ltd is involved in the manufacturing of alloy steel castings and related products. The sale of land in Thane represents a strategic move to unlock value from non-core assets.

What changes now

The dividend recommendation is subject to shareholder approval at the 53rd Annual General Meeting (AGM). If approved, the dividend will be paid on or after September 16th, 2026.

Risks to watch

Shareholder approval at the AGM is a necessary step for the dividend payout. Investors must hold shares on or before the record date to be eligible for the dividend.

Context metrics (time-bound)

• Total Dividend Proposed: ₹100 per share (1000% of face value).
• Regular Dividend: ₹40 per share (400% of face value).
• Special Dividend: ₹60 per share (600% of face value).
• Record Date: 2nd September, 2026 (for dividend and voting).
• AGM Date: 9th September, 2026.
• Expected Dividend Payment: On or after 16th September, 2026.

What to track next

Investors should monitor the outcome of the AGM on September 9th, 2026, for final approval of the dividend proposal and track communication regarding the dividend payment schedule.