Basant Agro Tech (India) Ltd has fixed September 23, 2026, as the record date for determining shareholder eligibility for dividend payments. This procedural step establishes the cutoff for ownership records ahead of the company’s ensuing Annual General Meeting (AGM), where the final dividend declaration will be sought from shareholders. Investors holding shares on this specific date will be entitled to receive the dividend, provided it is approved during the meeting.

The announcement was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified the Department of Corporate Services at The Bombay Stock Exchange Ltd on August 4, 2026. The filing confirms that the dividend is contingent upon shareholder approval at the AGM and will be paid only to those whose names appear in the Register of Members as on the record date.

Key Dates and Details

What This Means for Shareholders

The establishment of a record date is a standard corporate governance procedure that ensures clarity in dividend distribution. By fixing September 23, 2026, Basant Agro Tech ensures that the list of eligible beneficiaries is frozen at a specific point in time. Shareholders who sell their holdings after this date will still receive the dividend if it is declared, while those who buy after the date will not be eligible for this particular payout. The actual disbursement of funds will occur only after the AGM concludes and the dividend resolution is passed.

Basant Agro Tech (India) Ltd reported a 68.3% rise in net profit to ₹701.04 lakh for the financial year ended March 31, 2026, driven by higher operational income. Revenue from operations increased 22.7% to ₹56,798.75 lakh from ₹46,274.04 lakh in the previous year. The Board of Directors recommended a dividend of 5% on equity shares, subject to shareholder approval.

Financial Performance

The company’s profit for the period from continuing operations stood at ₹701.04 lakh, compared to ₹416.60 lakh in FY25. Total income from operations rose to ₹56,842.12 lakh. Basic earnings per share (EPS) increased to ₹0.77 from ₹0.46 in the prior year.

Segment Results

Segment reporting indicates that the Fertiliser division contributed the largest share of revenue at ₹33,144.61 lakh, followed by Seeds at ₹14,250.27 lakh. The LABSA segment reported revenue of ₹8,871.61 lakh. Total segment revenue for the year reached ₹58,734.35 lakh before inter-segment adjustments.

Board Decisions

The Board, meeting on May 29, 2026, approved the audited financial results pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015. Additionally, the Board appointed Mr. Jayant Galande as Cost Auditor for FY27 and Mr. Dinesh Sharma as Chief Internal Auditor for the financial year 2026-27. The statutory auditors, K. C. Kankariya and Co., issued an unmodified opinion on the financial results.