Aditya Birla Real Estate Schedules 129th AGM for July 27, 2026; Sets July 14 as Dividend Record Date
Aditya Birla Real Estate Sets July 27 AGM and Dividend Timeline
Aditya Birla Real Estate has announced that its 129th Annual General Meeting (AGM) will take place on 27th July 2026 via video conferencing in accordance with government and regulatory guidelines.
Dividend Details
The company has proposed a dividend of ₹2.50 per equity share, representing 25% of the face value of ₹10 per share. This proposal is subject to shareholder approval at the AGM. The dividend, if approved, will be distributed on or after 30th July 2026, following tax deductions.
Key Dates for Shareholders
- Record date for dividend eligibility: 14th July 2026
- Book closure period: 15th July to 27th July 2026
- AGM date: 27th July 2026
- Dividend payment expected: on or after 30th July 2026
Financial and Governance Context
Aditya Birla Real Estate Limited has reported its audited financial results for the year ended March 31, 2026. The Board of Directors has recommended a dividend of Rs. 2.50 per share, representing a 25% payout on the paid-up equity share capital. This marks an increase over the 20% dividend paid during the previous year, demonstrating a commitment to enhancing shareholder value.
For the financial year ended March 31, 2026, the company has shown a robust operational performance. Following the strategic decision to discontinue textile operations and divest its pulp and paper business, the company has focused its efforts on its Real Estate segment. The audited standalone results for the year indicate a profit after tax of Rs. 128.64 crore from continuing operations, compared to a loss of Rs. 15.05 crore in the previous year.
The company also appointed new statutory auditors for five years. Singhi & Co. will succeed the previous auditor. This appointment is subject to shareholder approval, which will be sought at the company's upcoming 129th Annual General Meeting.
About Aditya Birla Real Estate
Founded in 1897 as a single-unit cotton processing mill, Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited) began operations as 'Century Spinning and Manufacturing Company'. In 1951, the Birlas gained management control of the company and Century was inducted into the Birla Group. In 2024, the company was officially rebranded as Aditya Birla Real Estate.
With over 125 years of legacy, Aditya Birla Group forayed into real estate in 2016 with Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited). It is the holding company of Birla Estates Private Limited, a premium player in the residential and commercial real estate segment with a fast-expanding presence in key markets of MMR, NCR, Bengaluru, and Pune. In FY25, the company had a total consolidated GDV of INR 70,000 crore and booking value of INR 8,087 crore. In the year, Birla Estates added projects with a combined GDV exceeding INR 25,000 crore.
