The Victoria Mills Ltd has established September 25, 2026, as the record date to determine shareholder eligibility for a dividend, pending declaration at its upcoming Annual General Meeting. The company announced that its register of members and share transfer books will remain closed from September 19, 2026, to September 25, 2026, to facilitate this process.

The dividend payment is contingent upon the approval of shareholders at the 113th Annual General Meeting. The announcement was made in compliance with the provisions of Regulation 42, which governs the timing of such corporate actions.

The following table outlines the key dates for the corporate action:

Shareholders holding shares as of the record date will be entitled to receive the dividend if it is declared by the board during the meeting.

The Victoria Mills Ltd reported a net profit of ₹666.25 lakh for the financial year ended March 31, 2026, a sharp rise from ₹55.43 lakh in the previous year. Revenue from operations for the year stood at ₹5275.00 lakh, compared to ₹2995.00 lakh in FY25. The board has recommended a dividend of ₹50 per equity share for the fiscal year, subject to shareholder approval at the ensuing Annual General Meeting.

The company's total income for FY26 was ₹5562.52 lakh, up from ₹3049.52 lakh in the prior year. Total expenses increased to ₹4715.01 lakh from ₹2951.62 lakh. Profit before tax for the year was ₹847.51 lakh, significantly higher than the ₹97.90 lakh recorded in FY25. The statutory auditors, M/s. Vasani & Thakkar, provided an unqualified audit opinion on the financial statements.

Financial Performance

Key Board Decisions

The board meeting to discuss the audited financial results was held on May 29, 2026. The company confirmed that there were no key audit matters to communicate in the auditor's report. The financial statements were prepared in compliance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.