Balmer Lawrie & Co. Ltd. has recommended a dividend of ₹4.25 per equity share for the financial year ended March 31, 2026. The decision was taken during the Board of Directors' adjourned meeting held on May 17, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The proposed dividend applies to 17,10,03,846 equity shares of ₹10 each. The payout will be finalized only upon declaration by the shareholders at the company's ensuing Annual General Meeting. Once approved, the dividend is expected to be paid within 30 days from the date of such declaration.

Meeting Details

The board meeting, which was adjourned previously, resumed at 11:30 a.m. and concluded at 5:10 p.m. on May 17, 2026. The recommendation of the dividend was a key agenda item during this session. The disclosure was made further to the company's earlier intimations dated May 5, 2026 and May 15, 2026.

Dividend Summary

The following table outlines the key details of the recommended dividend:

Balmer Lawrie & Co . Ltd., a Government of India Enterprise, has informed the stock exchanges that its Board of Directors has decided not to buy back the shares of the company and has also decided not to recommend the splitting of equity share capital of the company. Both disclosures were made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Board Decisions at Adjourned Meeting

At its adjourned meeting held on May 17, 2026, the Board of Directors of Balmer Lawrie & Co. Ltd. deliberated on two significant corporate matters: the buyback of shares and the splitting of equity share capital. After analysing the applicable regulatory framework, the Board concluded not to proceed with either action. The key details of the board meeting and the regulatory basis for the decisions are summarised below:

Regulatory Basis for the Decisions

Both decisions followed a thorough review of the Consolidated Guidelines on general principles and mechanism for Capital Restructuring of Central Public Sector Enterprises (CPSEs), issued by the Ministry of Finance, Department of Investment and Public Asset Management. The guidelines were issued vide Office Memorandum no. F.No. 5/2/2016-Policy dated November 18, 2024. The company had previously issued intimations to the stock exchanges on May 5, 2026 and May 15, 2026, ahead of the adjourned board meeting. The formal disclosure was signed by Kavita Bhavsar, Company Secretary and Compliance Officer of Balmer Lawrie & Co. Ltd., on May 17, 2026.