Uni Abex sets Sep 2 record date for ₹100 dividend FY26

The announcement in brief

Uni Abex Alloy Products Ltd has published a newspaper notice for its 53rd Annual General Meeting (AGM), alongside its annual report for the year ended March 31, 2026. The notice outlines a board-recommended total dividend of ₹100 per equity share for FY26. The proposed payout includes a regular (final) dividend and a special dividend linked to the sale of land in Thane.

For shareholders, the key near-term dates are the record date and the AGM date. The company has fixed September 2, 2026 as the record date to determine eligible shareholders for both the dividend and voting. The AGM is scheduled for September 9, 2026, and the dividend, if approved, is to be paid on or after September 16, 2026.

What the FY26 dividend proposal includes

The board has recommended a total dividend of ₹100 per share for FY26. This is split into two components. The first is a final equity dividend of ₹40 per share, stated as 400% of face value. The second is a special dividend of ₹60 per share, stated as 600% of face value.

The special dividend is explicitly linked to the disposal of an investment property in Thane. By separating the two components in the notice, Uni Abex has signalled that a portion of the payout is event-driven rather than purely operational. As with all such proposals, the dividend remains subject to shareholder approval at the AGM.

Record date, voting cut-off, and payment timeline

Uni Abex has set September 2, 2026 as the record date for determining dividend eligibility. The same date is also the cut-off date for determining voting eligibility for resolutions to be considered at the AGM.

The company has stated that the dividend will be disbursed on or after September 16, 2026, subject to approval at the AGM. For investors tracking corporate action timelines, this sequence places the record date one week before the AGM, followed by a payment window starting about a week after the meeting.

AGM mode and regulatory context

The AGM will be held through Video Conferencing or Other Audio Visual Means (VC/OAVM). The notice states this approach aligns with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

The company has also referenced compliance steps around results and disclosures. It noted that results were approved on August 6, 2026 pursuant to Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Key resolutions on the AGM agenda

Beyond adopting the FY26 financial statements and voting on the ₹100 per share dividend, the AGM agenda includes resolutions tied to board composition. The notice mentions resolutions for continuing the directorships of Mr. F.D. Neterwala and Mrs. P.F. Neterwala beyond the age of 75 years.

Such resolutions are a standard governance requirement for listed companies where continuation beyond a specified age needs shareholder consent. For minority shareholders, this also becomes an opportunity to assess board continuity alongside the company’s capital allocation decisions.

Dividend components and linkage to Thane land sale

The company has described the payout as a combination of a final dividend and a special dividend. The special dividend is linked to the Thane land sale, described as disposal of an investment property in Thane.

The split matters for investors who separate recurring shareholder returns from one-off distributions. The notice positions the ₹60 per share portion as tied to a specific asset transaction rather than recurring earnings.

Recent financial performance referenced alongside the AGM notice

The disclosure also references Uni Abex’s Q1FY27 performance. It states the company reported a 30.5% rise in net profit to ₹7.25 crore, attributed to higher operational volumes and increased other income.

While the AGM notice itself is centred on FY26 matters, the inclusion of a more recent quarterly profit figure provides context on operating momentum going into FY27. It also helps investors connect the dividend proposal with the company’s near-term business performance.

Shareholding and promoter control update

Separately, the information notes that Neterwala Family Trust has consolidated indirect control over 63.48% of Uni Abex Alloy Products through an inter-se transfer of shares in promoter group entities.

This is relevant for governance watchers because promoter reorganisation can change how control is held, even when the overall promoter stake remains within the group. It can also matter for disclosures and ongoing compliance, especially around promoter classification and related filings.

Market snapshot and dividend yield note

The material also mentions a dividend yield of 0% for Uni Abex Alloy Products. In addition, it shows a stock move of -80.80 (-1.57%) as on 02 Sep, 2026 at 03:50, and a separate price print of 4,711.60 -10.75 (-0.23%) at close.

Since the AGM outcome and dividend payment are conditional on shareholder approval and completion of formalities, investors typically track the record date, the voting outcome at the AGM, and the company’s subsequent confirmation of payment execution.

What shareholders should track next

The immediate milestone is the AGM on September 9, 2026, where shareholders will vote on the FY26 financial statements, the ₹100 per share dividend recommendation, and board-related resolutions including continuation of certain directors beyond 75 years.

The next operational milestone is the proposed dividend payment date, scheduled on or after September 16, 2026, assuming shareholder approval. Investors will also watch for any further exchange filings around the AGM proceedings, voting results, and confirmation of dispatch or credit of dividend.