Dividend12 Jun 2026, 01:27 pm
Kirloskar Ferrous Recommends Final Dividend of ₹3/Share
AI Summary
Kirloskar Ferrous Industries Ltd announced that its Board of Directors, in a meeting held on June 12, 2026, has recommended a final dividend of ₹3 per equity share (60%) for the financial year 2025-2026. This recommendation is subject to approval by the company's shareholders at the upcoming annual general meeting. The board also approved the allotment of 17,841 equity shares under employee stock option schemes, increasing the company's paid-up share capital to ₹82,49,61,920.
Key Highlights
- Board recommends final dividend of ₹3 per share for FY26.
- Dividend payout is 60% of face value.
- Final dividend requires shareholder approval at AGM.
- 17,841 new shares allotted under ESOP schemes.
- Share capital increased to ₹82.50 Cr post-allotment.
Price Impact
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