Dividend19 May 2026, 07:51 pm
Automotive Axles Recommends ₹32/Share Final Dividend (320%)
AI Summary
Automotive Axles Ltd's board has recommended a final dividend of ₹32 per share (320% of ₹10 each) for FY 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The 45th AGM will be held on August 12, 2026, with a record date of August 5, 2026, for determining members eligible for the dividend. Dividend payment, after TDS deduction, will be made on or before September 11, 2026. The board also approved the audited financial results for the year ended March 31, 2026.
Key Highlights
- Automotive Axles recommends a final dividend of ₹32 per share for FY 2025-26.
- The dividend is subject to shareholder approval at the Annual General Meeting.
- AGM scheduled for August 12, 2026; record date fixed as August 5, 2026.
- Dividend payment is expected on or before September 11, 2026, after TDS.
- Audited financial results for the year ended March 31, 2026, were approved.
Price Impact
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