Dividend7 May 2026, 05:11 pm
Kennametal India Declares Interim Dividend of ₹40 Per Share
AI Summary
Kennametal India Ltd. announced its unaudited financial results for Q3 and nine months ended March 31, 2026, approving them at a board meeting on May 7, 2026. The board declared an interim dividend of ₹40 per equity share (400%) with a record date of May 15, 2026. Additionally, the company will seek shareholder approval via postal ballot for material related party transactions with Kennametal Inc. and Kennametal Europe GmbH. The board appointed Mr. Vijayakrishna K T as the Scrutinizer for the postal ballot process, with a cut-off date of May 8, 2026.
Key Highlights
- Kennametal India approved unaudited financial results for Q3 and nine months ended March 31, 2026.
- An interim dividend of ₹40 per share (400%) was declared for FY 2025-26, record date May 15, 2026.
- Shareholder approval sought for related party transactions via postal ballot.
- Mr. Vijayakrishna K T appointed as Scrutinizer for the postal ballot process.
- Cut-off date for postal ballot eligibility is May 8, 2026.
Price Impact
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