StockWatch
·
Castings & Forgings
Dividend26 May 2026, 03:29 pm

AIA Engineering Recommends ₹16 Dividend (800%)

AI Summary

AIA Engineering Ltd's board has recommended a dividend of ₹16 (@800%) per equity share of face value ₹2 each for the financial year 2025-26, subject to shareholder approval. The dividend, if declared at the AGM on September 15, 2026, will be paid on or before October 14, 2026. The record date for determining dividend entitlement is set for September 5, 2026. The board also reappointed Mr. Bhadresh Kantilal Shah as Managing Director for five years starting October 1, 2026, pending shareholder approval.

Key Highlights

  • AIA Engineering recommends a dividend of ₹16 per share (800%) for FY26.
  • Record date for dividend entitlement is September 5, 2026.
  • Dividend payment to be made on or before October 14, 2026, if approved.
  • Bhadresh Kantilal Shah re-appointed as Managing Director for 5 years.
  • 36th Annual General Meeting to be held on September 15, 2026, via video conferencing.