StockWatch
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Auto Components & Equipments
Dividend11 Sept 2026, 07:50 pm

Automotive Axles Declares Final Dividend of ₹32 Per Share

AI Summary

Automotive Axles Ltd announced the payment of its final dividend of ₹32 per equity share of ₹10 each, as approved at the 45th Annual General Meeting held on August 12, 2026. The dividend amount has been credited to shareholders' bank accounts as of the record date, August 5, 2026. Tax has been deducted at source (TDS) at the prescribed rate from the gross dividend amount. Shareholders can view TDS credit in their Form 26AS. The company provided contact details for its Secretarial Department and Registrar and Share Transfer Agents for any further clarifications.

Key Highlights

  • Final dividend of ₹32 per equity share declared.
  • Dividend approved at the 45th AGM on August 12, 2026.
  • Dividend credited to shareholders' accounts on August 25, 2026.
  • TDS deducted at source as per Finance Act, 2020 amendments.
  • Shareholders can check TDS credit in Form 26AS.