Dividend alert, Sept. 9 -- Shares of Victoria Mills Limited are likely to remain in focus this week as the countdown to its dividend record date has begun. The Mumbai-based textile company had announced Rs.60 dividend.

The stock failed to hold the early trading session gains and ended lower on Wednesday, extending the broader correction seen in the stock this week.

The company's board of directors had recommended Rs.50 dividend for the financial year 2025-26, which is 50% of the stock's face value, ie Rs.10. The board had recommended "Dividend at 50 % ( Rs.50 per equity share) on 98,560 equity shares of the face value of Rs.100/- each for the financial year 2025-26 at the ensuing Annual General Meeting."

The company has fixed September...