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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.
Gujarat Mineral Development Corporation Ltd

Gujarat Mineral Development Corporation: FY26 Results & Rs. 39.50 Dividend

DIVIDEND ▲ Positive Development LOW RISK
📅 Filed on BSE: 14 May 2026, 07:16 PM IST  ·  BSE ID: 550dbdcc-7558-4d72-a760-e7e215b4a6e7
View Original BSE Filing (PDF)
💡
In Simple Terms
The company released its annual financial results and proposed a dividend of Rs. 39.50 per share.
🤖 AI Summary
  • Gujarat Mineral Development Corporation Board approved Audited Annual Financial Results for FY 2025-26.
  • Recommended a dividend of Rs. 39.50 per equity share of Rs. 2 each (475%) for FY 2025-26.
  • Dividend recommendation is subject to approval by shareholders at the Annual General Meeting.
  • Statutory Auditors provided an unmodified opinion on the audited financial results.
  • Board Meeting commenced at 4.00 PM and concluded at 6.25 PM on May 14, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Dividend per equity share
Rs. 39.50
Dividend percentage
475%
Equity share face value
Rs. 2 each
Total Assets (Standalone, 31/03/2026)
8,978.89 Crore
Total Assets (Standalone, 31/03/2025)
7,710.60 Crore
Total Equity (Standalone, 31/03/2026)
7,068.57 Crore
Total Equity (Standalone, 31/03/2025)
6,403.23 Crore
🏢 How This Affects the Company
💰
Financial Impact
The dividend recommendation, if approved, will lead to a cash outflow from the company's reserves, impacting its cash and cash equivalents.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will need to vote on the recommended dividend at the upcoming Annual General Meeting.
👤
Who Is Affected
All shareholders holding equity shares of Rs. 2 each will be affected by the dividend of Rs. 39.50 per share, pending approval.
🔍
Management Signal
The dividend recommendation indicates management's confidence in the company's financial performance for FY 2025-26.

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

👁 Watch List — track these upcoming events
Shareholder approval of dividend at the Annual General Meeting.
Announcement of dividend record date and payment date.
Release of the full Annual Report for FY 2025-26.
LOW RISK The filing primarily discloses financial results approval and a dividend recommendation.
💡 Investor Takeaway
The Board of Gujarat Mineral Development Corporation Ltd. approved Audited Financial Results for FY 2025-26 and recommended a dividend of Rs. 39.50 per equity share (475%), subject to shareholder approval. Total Assets stand at Rs. 8,978.89 Crore as of March 31, 2026, compared to Rs. 7,710.60 Crore on March 31, 2025.
⚖️ Strengths & Concerns

✅ Positives

  • Board approval of Audited Annual Financial Results (Standalone and Consolidated) for FY 2025-26 demonstrates financial reporting compliance.
  • Recommendation of a substantial dividend of Rs. 39.50 per equity share (475%) for FY 2025-26.
📅 Company Track Record
No previous filings found for this company provide historical context regarding dividend trends or specific financial performance benchmarks.

Based on publicly available historical data. For context only.

⚠️ 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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