Limited Review Report issued by statutory auditor on the Financial Results for the quarter ended
As filed · Dividend
What happened
FactLimited Review Report issued by statutory auditor on the Financial Results for the quarter ended. Recommendation of final dividend of Rs. 0.55 (@ 11%) per equity share for the financial year ending.
Why it matters
CapitSignal interpretationA qualified institutional placement issues new shares, so existing holders own a smaller share of the same company unless the proceeds earn more than the dilution costs.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedOur EBITDA stood at INR2,805 million with margins at 12.4%.
Our EBITDA stood at INR2,805 million with margins at 12.4%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Issue price versus the current market price
- Stated use of proceeds
- Resulting dilution as a percentage of equity
- Belrise also won a major follow-on order for complete exhaust systems and other components, expected to genera (management committed by Q4 FY27)
- Secondly, Belrise also won a major follow-on order for complete exhaust systems and other components, expected (management committed by Q4 FY27)
Evidence
- Belrise Industries Limited has informed the Exchange about Recommendation of final dividend of Rs. 0.55 (@ 11%) per equity share for the financial year ended March 31, 2026 on the equity shares issued and allotted under QIP, subject to the approval by members of the Company at the ensuing Annual General Meeting.(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
How CapitSignal classified this
- Reasoning:
- QIP base 72; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%