
Dividend8 May 2026, 03:28 pm
GNA Axles Recommends ₹3 Dividend Per Share
AI Summary
The Board of Directors of G N A Axles Ltd has recommended a dividend of ₹3 per equity share, subject to the approval of the members at the next Annual General Meeting. The decision was made during the board meeting held on May 8, 2026, where the audited financial results for the year ended March 31, 2026, were approved. Additionally, the board approved an investment of ₹25 crores in G N A Mobility Limited, a wholly-owned subsidiary.
Key Highlights
- GNA Axles recommends a dividend of ₹3 per equity share.
- Dividend payment is subject to shareholder approval at the AGM.
- Board approved ₹25 crore investment in G N A Mobility Limited.
- Audited financial results for FY26 were approved with unmodified opinion.
- Investment in subsidiary will be made in tranches.
Price Impact
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