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 tax deduction, is scheduled 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 record date for the dividend and AGM is set for August 5, 2026.
- The 45th Annual General Meeting will be held on August 12, 2026.
- Dividend payment is scheduled on or before September 11, 2026, subject to TDS.
- Audited financial results for the year ended March 31, 2026, were approved.
Price Impact
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