Benares Hotels Announces 55th Annual General Meeting and Dividend Details
Benares Hotels Limited has announced the date for its 55th Annual General Meeting (AGM) and provided key details regarding a proposed dividend payout for the financial year 2025-26.The company’s 55th AGM is scheduled to be held on Thursday, July 23, 2026, at 3.00 p.m. (IST). The meeting will be conducted via Video Conferencing or other Audio-Visual Means.
Dividend Recommendation and Payment Schedule
The Board of Directors has recommended a dividend of ₹25 per equity share, which have a face value of ₹10 each. This payment is subject to approval by the shareholders at the AGM. If approved, the dividend is slated for payment on Monday, August 3, 2026, after applicable tax deductions at source.The company has designated Thursday, July 16, 2026, as the Record Date for determining entitlement to receive the dividend for Financial Year 2025-26.
Dividend Entitlement Details
The payment of the recommended dividend is structured to benefit two groups of shareholders:- Beneficial Owners: All beneficial owners holding shares in electronic form, based on data available from the National Securities Depository Limited and the Central Depository Services (India) Limited at the close of business hours on July 16, 2026.
- Physical Shareholders: Members who hold shares in physical form and whose names appear in the Company's Register of Members after filing valid transmission or transposition requests with the company as of the closing time on July 16, 2026.
Stock Price Movement
As of 12:10, shares of Benares Hotels Ltd are ticking down slightly at ₹10,205.20, reflecting a drop of ₹0.05%. The stock has navigated an intraday range, trading between a low of ₹10,200.05 and a high of ₹10,298.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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