StockWatch
·
Auto Components & Equipments
Dividend8 May 2026, 03:30 pm

G N A Axles Board Approves Dividend

AI Summary

The Board of Directors of G N A Axles Ltd approved a dividend to be recommended to the members at the next Annual General Meeting. The board also approved an investment of ₹25.00 crores in G N A Mobility Limited, a wholly-owned subsidiary, in one or more tranches to meet capex, operational expenditure, and working capital requirements. The meeting was held on May 8, 2026.

Key Highlights

  • Board approved dividend to be recommended to members.
  • Investment of ₹25.00 crores approved for G N A Mobility Limited.
  • Investment will be made in one or more tranches.
  • Audited financial results for the year ended March 31, 2026, approved with unmodified opinion.