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Dividend25 May 2026, 06:32 pm

DIVGI TORQ: Recommends ₹3.27 Dividend for FY26

AI Summary

The Board of Directors of Divgi TorqTransfer Systems Ltd recommended a final dividend of ₹3.27 per share for FY 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the audited financial statements for the quarter and financial year ended March 31, 2026. Additionally, the company plans to incorporate a Wholly Owned Subsidiary in the United States of America, investing up to ₹3 crores to strengthen its capital base and working capital.

Key Highlights

  • Divgi TorqTransfer recommends a final dividend of ₹3.27 per share for FY26.
  • Dividend payout is subject to shareholder approval at the AGM.
  • Company to incorporate a Wholly Owned Subsidiary in the USA.
  • Investment in Foreign WOS will not exceed ₹3 crores.
  • Board approved audited financial statements for FY26.