StockWatch
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Industrial Products
Dividend12 Aug 2026, 12:35 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 dividend is equivalent to 50% of the face value of ₹10 per share. The company's Board of Directors approved this declaration during a meeting held on August 12, 2026. The record date for determining eligible shareholders is set as Tuesday, August 18, 2026. Additionally, the board approved the unaudited financial results for the quarter ended June 30, 2026, and re-appointed Mr. Mahesh Tahilyani as Managing Director for a three-year term starting April 1, 2027.

Key Highlights

  • Interim dividend of ₹5 per equity share declared.
  • Record date for dividend eligibility is August 18, 2026.
  • Unaudited financial results for Q1 FY27 approved.
  • Managing Director re-appointed for a 3-year term.
  • Dividend is 50% of face value for FY2026-27.