Laurus Labs fixes June 10 as record date for dividend payment

1 min read     Updated on 06 Jun 2026, 11:20 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Laurus Labs Limited has announced June 10, 2026, as the record date for dividend payment, pending approval at the 21st AGM on July 2, 2026. The AGM will be conducted via video conferencing, and the company has urged shareholders to update their email and bank details with depository participants for electronic communication and dividend credit.

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*this image is generated using AI for illustrative purposes only.

Laurus Labs Limited has fixed Wednesday, June 10, 2026, as the record date for determining the eligibility of shareholders entitled to receive dividend, subject to the approval of members at the forthcoming 21st Annual General Meeting (AGM). The company announced that the 21st AGM is scheduled to be held on Thursday, July 2, 2026, at 3:00 p.m. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM).

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the record date has been set to identify beneficial owners of shares held in dematerialized form and members holding shares in physical form as of the close of business hours on June 10, 2026. If the dividend recommended by the Board of Directors is approved at the AGM, it will be paid on or after Thursday, July 2, 2026, subject to the deduction of tax at source as applicable.

The Notice of the 21st AGM and the Integrated Annual Report for the financial year 2025-26 will be dispatched electronically. Members who have registered their email addresses with their depository participants will receive the documents via email, while others will receive a communication containing the web-link to access the reports. The documents will also be available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited.

The company has requested all members to ensure their email addresses, bank account details, and other KYC information are updated with their respective depository participants to facilitate the electronic receipt of dividends and corporate communications. The facility for remote e-voting will be available to members, with detailed procedures provided in the Notice of the AGM.

Historical Stock Returns for Laurus Labs

1 Day5 Days1 Month6 Months1 Year5 Years
+2.32%+5.07%+10.05%+37.61%+104.81%+129.26%

What is the expected dividend payout ratio and how will it impact Laurus Labs' cash flow and future investment plans?

How might the announcement of the dividend influence investor sentiment and stock performance leading up to the record date?

What strategic initiatives or financial results will be highlighted in the upcoming AGM that could affect the company's long-term growth?

Laurus Labs Records ₹81.12 Crore Block Trade on NSE for ~586,391 Shares at ₹1383.40

0 min read     Updated on 02 Jun 2026, 01:55 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Laurus Labs recorded a block trade on the NSE valued at ₹81.12 crores, involving approximately 586,391 shares at a price of ₹1383.40 per share. Such block trades are generally associated with large institutional transactions executed outside the regular market order book. The trade highlights significant activity in the Laurus Labs counter on the NSE.

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Laurus Labs witnessed a significant block trade on the National Stock Exchange (NSE), with the transaction totalling ₹81.12 crores. The deal involved approximately 586,391 shares, executed at a price of ₹1383.40 per share, indicating notable institutional-level activity in the stock.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Parameter: Details
Exchange: NSE
Trade Value: ₹81.12 crores
Number of Shares: ~586,391
Trade Price: ₹1383.40 per share

Block trades are typically executed outside the open market order book and are often associated with large institutional investors, funds, or significant stakeholders transacting in bulk quantities. The execution of such a trade at a defined price point reflects a pre-negotiated transaction of considerable size in Laurus Labs shares.

Historical Stock Returns for Laurus Labs

1 Day5 Days1 Month6 Months1 Year5 Years
+2.32%+5.07%+10.05%+37.61%+104.81%+129.26%

What impact will this block trade have on Laurus Labs' stock price in the short term?

Who were the buyers and sellers involved in this transaction, and what does it indicate about institutional sentiment?

Could this trade signal a potential change in ownership or strategic direction for Laurus Labs?

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