ABB India Ltd. has declared a bumper special dividend of Rs 90 per share with face value of Rs 2 each, after posting a modest uptick in its net profit for the second quarter of the calendar year 2026. "This is to inform you that the Board of Directors of the Company at its Meeting held on July 31, 2026, declared a special dividend of Rs.90/- per share (Rupees Ninety only) i.e.(4500%) on 21,19,08,375 equity shares of face value of Rs.2/- each fully paid up for the financial year 2026," the company stated in an exchange filing. Further, ABB India has set Friday, August 7, 2026 as the record date to determine the eligible shareholders for the dividend payout. The dividend will be paid to the eligible shareholders on or before August 29, 2026, the company informed. ABB India reported a 3% year-on-year rise in net profit to Rs 362 crore from Rs 352 crore for the second quarter of calendar year 2026. Revenue increased 21% to Rs 3,559 crore from Rs 2,940 crore, while ...
The stage is set for Qualifier 1 of this year's Indian Premier League (IPL) as table-toppers Punjab Kings (PBKS) will take on Royal Challengers (RCB) in Mullanpur on Thursday. PBKS secured top two finish on Monday after beating Mumbai Indians (MI), before RCB joined them after forging a stunning win over Lucknow Super Giants (LSG) in the final league game of IPL 2025 on Tuesday. Both teams finished with 21 points from 14 matches, with PBKS finishing top courtesy of a better net run-rate.
However, there is no reserve date for Qualifier 1 in case the match is washed out. So, what will happen if rain plays spoilspot in Mullanpur?
In that case, PBKS will advance to the final as they had topped the league standings, ahead of RCB.
RCB, however, will then take on the winners of Eliminator between MI and Gujarat Titans for a place in the final.
Having earned the cushion of a top-two finish, one can expect both teams to have a no holds barred approach knowing they will get another shot at reaching the final even if they come up short on the opening night of the play-offs.
Punjab Kings find themselves in unfamiliar territory having made the play-offs for the first time since 2014 but they are not carrying the baggage of the past in the Iyer-Ricky Ponting (head coach) era.
RCB, on the other hand, are way too familiar with heartbreaks of the knock-out stages and like every season, are hoping to end their title drought. In their own words, the job is only half done for both title contenders.
The Iyer-Ponting partnership has resulted in a stellar turnaround for Punjab Kings, who have finally cracked the consistency code after more than a decade of under-performance.
The combination has managed to get the best out of the players making them a well-oiled unit.
(With PTI Inputs)
from NDTV News- Special https://ift.tt/lOvz6SF
Comments
Post a Comment