E & E Enterprises recommends Re 1 dividend for FY26

1 min read     Updated on 20 May 2026, 07:32 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

E & E Enterprises Limited reported a net profit of ₹17.33 lakh for the financial year ended March 31, 2026, compared to ₹11.82 lakh in the prior year. Total income decreased to ₹54.49 lakh from ₹94.62 lakh in FY25. The board recommended a dividend of Re 1 per equity share for FY26, subject to shareholder approval. The company also noted its transition to real estate activities after surrendering its NBFC registration.

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E & E Enterprises Limited has approved its audited financial results for the fourth quarter and financial year ended March 31, 2026. The Board of Directors, which met on May 20, 2026, also recommended a dividend of Re 1 per equity share for the fiscal year 2025-26, subject to shareholder approval.

Financial Performance

For the financial year ended March 31, 2026, the company reported a total income of ₹54.49 lakh, a decrease from ₹94.62 lakh in the previous year. Total expenses for the year stood at ₹30.42 lakh, lower than the ₹65.88 lakh recorded in FY25. Consequently, the company posted a net profit of ₹17.33 lakh for FY26, an increase from ₹11.82 lakh in the prior year.

In the fourth quarter ended March 31, 2026, the company reported a total income of ₹0.06 lakh and total expenses of ₹12.19 lakh, resulting in a net loss of ₹9.72 lakh. The basic and diluted earnings per share (EPS) for the year were ₹7.22, compared to ₹4.92 in the previous year.

Dividend Declaration

The board has recommended a dividend of 10%, equivalent to Re 1 per equity share of face value ₹10 each, for the financial year ended March 31, 2026. This payout is subject to the approval of the shareholders.

Business Update

The company voluntarily surrendered its Certificate of Registration as a Non-Banking Financial Company (NBFC) to the Reserve Bank of India, which was cancelled on July 24, 2025. Consequently, the company has amended its Memorandum of Association to reflect its new principal business objectives, which now focus on real estate activities including acquiring, developing, and leasing properties. The financial statements for the current period have been prepared in accordance with these new business activities.

Financial Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Total Income 54.49 94.62
Total Expenses 30.42 65.88
Net Profit 17.33 11.82
EPS (Basic) 7.22 4.92

Historical Stock Returns for E & E Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%+33.93%+97.55%+316.74%

How will E & E Enterprises' transition from an NBFC to a real estate-focused business impact its revenue trajectory and profitability in FY27, given the near-zero income reported in Q4 FY26?

What specific real estate projects or property acquisitions is the company planning to undertake following the amendment of its Memorandum of Association?

How might the company fund its real estate development activities given its relatively small balance sheet, and could it consider equity dilution or debt financing?

Niharika Jain Acquires Additional 1.40% Stake in E & E Enterprises Limited

1 min read     Updated on 04 Mar 2026, 03:19 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Niharika Jain acquired 3,350 equity shares (1.40%) of E & E Enterprises Limited through open market purchase on March 2, 2026, increasing her individual holding from 3.75% to 5.15%. Combined with PAC Akshat Jain, their total holding remains at 9.30% of the company's equity capital.

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Niharika Jain has increased her stake in E & E Enterprises Limited through a strategic open market acquisition, filing the mandatory disclosure under SEBI regulations on March 3, 2026.

Acquisition Details

The acquisition involved 3,350 equity shares purchased through open market transactions on March 2, 2026. This purchase represents 1.40% of E & E Enterprises Limited's total share capital.

Parameter: Details
Shares Acquired: 3,350
Acquisition Date: March 2, 2026
Mode of Purchase: Open Market
Percentage Acquired: 1.40%

Shareholding Pattern Changes

The acquisition resulted in significant changes to Niharika Jain's individual shareholding position in the company.

Shareholding: Before Acquisition After Acquisition Change
Niharika Jain (Shares): 9,011 12,361 +3,350
Niharika Jain (%): 3.75% 5.15% +1.40%
PAC - Akshat Jain (%): 5.55% 4.15% -1.40%
Combined Holding (%): 9.30% 9.30% No Change

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Niharika Jain confirmed that she does not belong to the promoter or promoter group of E & E Enterprises Limited.

Company Information

E & E Enterprises Limited maintains a total equity share capital of 2,40,000 equity shares of Rs. 10 each, fully paid up. The company's shares are listed on the Bombay Stock Exchange Limited. The acquired shares carry the same rights and features as existing equity shares of the company.

The disclosure was filed from New Delhi and copied to the company's compliance officer at their registered office in Mumbai, Maharashtra.

Historical Stock Returns for E & E Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%+33.93%+97.55%+316.74%

More News on E & E Enterprises

1 Year Returns:+97.55%