Andrew Peller Limited has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share, payable on July 10, 2026, to shareholders of record on June 30, 2026. The Board of Directors confirmed that all dividends are designated as eligible dividends for purposes of the Income Tax Act (Canada) unless indicated otherwise. The company has consistently paid common share dividends since 1979.

Dividend Details

The payment schedule and dividend rates for the first quarter of fiscal 2027 are outlined below:

Company Overview

Andrew Peller Limited is a producer and marketer of wines and craft spirits. The company's portfolio includes premium Vintners' Quality Alliance (VQA) brands such as Peller Estates, Trius, and Wayne Gretzky. It also owns and operates 101 retail locations in Ontario under names like The Wine Shop and Wine Country Vintners. Additionally, the company manages Andrew Peller Import Agency and produces personal winemaking products through its subsidiary, Global Vintners Inc.

Andrew Yule & Company has been fined ₹5.31 lakh by BSE Ltd. for non-compliance with board composition norms during the quarter ended March 31, 2026. The penalty, imposed under Regulation 30 of the SEBI (LODR) Regulations, 2015, stems from a failure to adhere to the provisions of Regulation 17(1) regarding the structure of the Board of Directors.

The exchange communicated the penalty via a notice dated May 27, 2026. In response, the company submitted a request to BSE on the same day seeking a waiver of the imposed fines. Andrew Yule argued that as a Central Public Sector Enterprise (CPSE) under the administrative control of the Ministry of Heavy Industries, the authority to appoint directors rests with the President of India, which caused delays in compliance.

To address the regulatory gap, the company stated it has engaged with the administrative ministry to facilitate the appointment of the required number of Independent Directors. This step is intended to ensure future compliance with the SEBI (LODR) Regulations and avoid further penalties.

The disclosure was filed by Company Secretary Sucharita Das on May 27, 2026. The company emphasized that the non-compliance was not due to operational oversight but procedural constraints inherent to its status as a government enterprise.