Jubilant Ingrevia recommends 250% dividend for FY26

Jubilant Ingrevia Limited has recommended a final dividend of 250%, or ₹2.50 per equity share of Re. 1 each, for the financial year ended March 31, 2026. The Board of Directors approved the recommendation at its meeting held on May 26, 2026. If approved by shareholders, the dividend will be paid or dispatched within 30 days from the date of the Annual General Meeting (AGM).

The company has fixed Friday, July 24, 2026, as the record date for the purpose of determining shareholder eligibility for the final dividend payment. This decision was taken pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Re-appointment

The Board also approved the re-appointment of M/s J.K. Kabra & Co. as Cost Auditors of the company for FY 2026-27. The firm, registered with the Institute of Cost Accountants India (Registration no. 9, ICWA), was re-appointed on May 26, 2026.

The following table details the re-appointment:

S. No.	Particulars	Details
1	Name of Firm/Auditor	M/s J.K. Kabra & Co., Cost Auditors
2	Reason for change	Re-appointment of M/s J.K. Kabra & Co. as Cost Auditors of the Company for FY 2026-27
3	Date of Re-appointment and Terms of re-appointment	May 26, 2026; Re-appointment for the financial year 2026-27
4	Disclosure of relationship between directors	Not Applicable

M/s J.K. Kabra & Co. is a cost accounting firm with offices in Delhi, Surat, and Mumbai. The firm specializes in cost audit, costing systems, inventory valuation, stock audit, and internal audit.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.48%	+4.26%	-11.72%	-6.56%	-10.84%	+14.47%

Jubilant Ingrevia Limited has received an assessment order from the Income Tax Department regarding its tax liabilities for Assessment Year 2023-24. The order, dated May 20, 2026, was issued by the Assessment Unit and pertains to the Financial Year 2022-23.

The regulatory disclosure details that the order involves notional adjustments under India Transfer Pricing Rules. These adjustments relate to international transactions conducted with Associated Enterprises. The total monetary impact of these adjustments is quantified at ₹19.87 crore.

Details of the Assessment Order

The company provided specific details regarding the nature of the action and the alleged violations in its filing to the exchanges. The table below outlines the key particulars of the assessment order and the company's response.

S. No.	Name of the authority	Nature and details of the action(s) taken or order(s) passed	Date of receipt of direction or order	Details of the violation(s)/contravention(s) committed or alleged to be committed	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1	Assessment Unit, Income Tax Department	Assessment order dated May 20, 2026 passed by the Assessment Unit, Income Tax Department for Assessment Year 2023-24 (Financial Year 2022-23)	May 20, 2026	Notional adjustments made by the Income Tax Department under India Transfer Pricing Rules in relation to international transactions with Associated Enterprises – Rs. 19.87 crs	Ongoing issue existing in preceding years as well. Company is in the process of filing an appeal before first level Appellate Authority and expects to get relief from the Appellate Authority and does not anticipate any material adverse financial implication

Company Response and Future Action

Jubilant Ingrevia Limited has indicated that this is an ongoing issue that has existed in preceding years as well. In response to the assessment order, the company is currently undertaking the necessary steps to file an appeal. The appeal will be submitted before the National Faceless Appeal Centre (NFAC), which serves as the first-level Appellate Authority.

Management has expressed its expectation to obtain relief from the Appellate Authority regarding the impugned order. Consequently, the company stated that it does not anticipate any material adverse financial implication arising from this assessment order. The information was disclosed to the stock exchanges on May 21, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.