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Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Deepak Nitrite Ltd-$
Deepak Nitrite Ltd: Board recommends ₹7.50 per share dividend for FY26
BOARD ▲ Positive Development LOW RISK
📅 Filed on BSE: 15 May 2026, 06:49 PM IST  ·  BSE ID: b454407d-dd77-448e-b761-b150bd20072f
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board proposed a cash payout of ₹7.50 per share to shareholders for the past financial year.
🤖 AI Summary
  • Board recommended ₹7.50 dividend per equity share for year ended March 31, 2026.
  • Dividend represents 375% on 13,63,93,041 equity shares with ₹2 face value.
  • Shareholder approval required at the upcoming 55th Annual General Meeting (AGM).
  • If approved, dividend will be paid within 30 days of the AGM date.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Dividend per equity share
₹7.50
Dividend percentage
375%
Face value per equity share
₹2
Total equity shares
13,63,93,041
🏢 How This Affects the Company
💰
Financial Impact
The dividend payout will result in a cash outflow from the company's reserves following shareholder approval at the AGM.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are required to vote on the proposed dividend recommendation at the 55th Annual General Meeting.
👤
Who Is Affected
All shareholders holding 13,63,93,041 equity shares of ₹2 face value each will be affected, receiving ₹7.50 per share if approved.
🔍
Management Signal
Management intends to distribute a portion of the company's earnings to shareholders through this dividend recommendation.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Notice for 55th Annual General Meeting (AGM) — check for record date.
Outcome of 55th AGM — confirm shareholder approval of dividend.
Dividend payment announcement — verify payment within 30 days of AGM.
LOW RISK This filing reports a standard dividend recommendation, which carries minimal inherent risk.
💡 Investor Takeaway
Deepak Nitrite Ltd's Board recommended a dividend of ₹7.50 per equity share, representing 375% on ₹2 face value shares, for the year ended March 31, 2026. This requires shareholder approval at the 55th AGM and will be paid within 30 days of approval.
⚖️ Strengths & Concerns

✅ Positives

  • Board's recommendation of ₹7.50 per equity share dividend for FY26 indicates a return of capital to shareholders.
⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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