StockWatch
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Industrial Products
Dividend12 Aug 2026, 12:48 pm

Forbes Precision Tools declares interim dividend of ₹5 per share

AI Summary

Forbes Precision Tools and Machine Parts Ltd announced an interim dividend of ₹5 per equity share for the financial year 2026-27. The Board of Directors approved this at a meeting held on August 12, 2026. The company also approved the Unaudited Financial Results for the quarter ended June 30, 2026. The record date for determining eligible shareholders for the dividend has been fixed as Tuesday, August 18, 2026. Additionally, the re-appointment of Mr. Mahesh Tahilyani as Managing Director for a period of 3 years, effective April 1, 2027, was approved.

Key Highlights

  • Interim dividend of ₹5 per equity share declared.
  • Record date set for August 18, 2026.
  • Unaudited financial results for Q1 FY27 approved.
  • MD re-appointment approved for a 3-year term.
  • Dividend is 50% of face value (₹10).