Recommended a dividend of Rs. 1.00 per share (10%) on Equity Shares of Rs. 10/- each. (i) the dividend…
As filed · Outcome of Board Meeting
CapitalImprovingMinormateriality 46 out of 100
What happened
FactRecommended a dividend of Rs. 1.00 per share (10%) on Equity Shares of Rs. 10/- each. (i) the dividend payable on one Equity Share of ₹ 10/- each fully paid up will amount to ₹. amount to ₹ 100/- (Rupees One Hundred and Zero Paise only).
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedEarlierQ3 FY26
we expect to open around 8 to 10 restaurants
NowQ3 FY26
we would be able to open 8 to 10 new restaurants with Walters in the range of around 3 to 5 restaurants in the next year as a QSR category, which is on the growth path for us.
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement expected to open around 8 to 10 restaurants, while the current statement specifies the ability to open 8 to 10 new restaurants but indicates a narrower range of 3 to 5 restaurants in the next year. This represents a material change in the target for the upcoming period.
Watch next
Fact- Record date
- Payout as a share of profit
- we are exploring with malls, especially in Nexus Malls, etcetera, wherein we can get space. (management committed by Q1 FY26)
- you would see some of our restaurants in Hyderabad as well, sir. (management committed by Q1 FY26)
Evidence
- Speciality Restaurants Limited has informed the Exchange regarding appointment of Mr. Avik Chatterjee as Chief Executive Officer of the Company.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
- Earlier statement · Q3 FY26
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%