Modison Ltd has fixed Tuesday, July 14, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹3 per share for the financial year 2025-26. The payout of ₹3 per equity share of face value ₹1 each is subject to the approval of members at the ensuing Annual General Meeting (AGM). If approved, the dividend will be paid within 7 days of the AGM, subject to deduction of Income-tax at source (TDS). The Board of Directors has recommended the dividend of 300%, i.e., ₹3 per equity share, for the financial year 2025-26.

The company submitted the intimation to BSE Limited and National Stock Exchange of India Limited on June 29, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015. Pooja Birendra Sinha, Company Secretary & Compliance Officer, signed the disclosure on behalf of Modison Limited. The company has also informed the exchanges that it has dispatched letters to members whose email addresses are not registered, providing a weblink to access the Annual Report for the Financial Year 2025–26 and the Notice of the 43rd AGM.

Key AGM Details

The Forty-third Annual General Meeting is scheduled to be held on Tuesday, July 21, 2026, at 5.30 P.M. (IST) through Video Conference (VC) / Other Audio Visual Means (OAVM). The Register of Members of the Company shall remain closed from Wednesday, July 15, 2026 to Tuesday, July 21, 2026 (both days inclusive). The dividend will be paid to all Beneficial Owners as of close of business hours on Tuesday, July 14, 2026, as per the list furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).

The Board has recommended the confirmation of an interim dividend of ₹2.50 per equity share already paid during the financial year 2025-26. The AGM will also transact ordinary business including the adoption of audited financial statements and the re-appointment of Mr. Kumar Jay Modi, Director liable to retire by rotation. Special business includes the ratification of remuneration payable to Cost Auditors and the approval of material related party transactions with Modison Copper Private Limited for an aggregate value of up to ₹8,000 Lakhs.

Modison Limited reported a significant surge in financial performance for the financial year ended March 31, 2026, with net profit rising 193.97% to ₹7,255.32 lakh compared to ₹2,468.02 lakh in the previous year. The company’s revenue from operations increased by 44.89% to ₹71,032.89 lakh, driven by robust demand across its business segments. For the quarter ended March 31, 2026, net profit stood at ₹3,603.35 lakh, while revenue from operations was ₹28,731.89 lakh.

Profit before tax for the year stood at ₹9,693.68 lakh, marking a 189.01% increase from ₹3,354.10 lakh in FY25. The company’s earnings before interest, tax, depreciation, and amortization (EBITDA) grew to ₹11,529.46 lakh from ₹4,738.35 lakh in the corresponding period. The board has recommended a final dividend of ₹3.00 per equity share for the year.

Financial Highlights (Standalone)

Exceptional Items and Operational Updates

The financial results for the year included exceptional items totaling a loss of ₹830.86 lakh, primarily due to a loss of ₹1,063.46 lakh from a fire incident at the factory on February 7, 2026. The company has lodged an insurance claim of ₹1,801.95 lakh and received a preliminary confirmation for a part payment of ₹170.00 lakh towards the loss of property, plant, and equipment. Other exceptional items involved profit or loss on the hedging of silver in stock and mark-to-market of forward contracts.

Corporate Governance and Approvals

The board has approved the audited financial statements for the year and recommended the final dividend. The record date for determining shareholder eligibility for the dividend has been fixed as July 14, 2026. The company’s 43rd Annual General Meeting is scheduled to be held on July 21, 2026, via video conferencing. M/s. M L Bhuwania and Co LLP, Statutory Auditors, have issued an unmodified audit opinion on the standalone and consolidated financial results for the year ended March 31, 2026.