Balmer Lawrie shares tumble 6% after board says no to bonus issue, stock split & share buyback proposals

Balmer Lawrie & Company's shares fell over 6% after the board decided against a proposed bonus issue, stock split, and share buyback, citing compliance with Ministry of Finance guidelines. The company did recommend a dividend of Rs 4.25 per share for FY26, while reporting a 12% year-on-year rise in Q4 net profit.

Raccontata daeconomictimes.indiatimes.com