StockWatch
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Other Textile Products
Dividend4 Nov 2026, 04:53 pm

Mafatlal Industries Declares ₹1 Interim Dividend for FY27

AI Summary

Mafatlal Industries Ltd announced an interim dividend of Re.1.00 per equity share for the Financial Year 2026-27. The Board of Directors approved the unaudited financial results for the quarter and half-year ended September 30, 2026, with a limited review report from statutory auditors Price Waterhouse Chartered Accountants LLP. The record date for the dividend is November 13, 2026, with payment expected by November 27, 2026. Additionally, the company approved the re-designation of Mr. H. A. Mafatlal from Executive Director to Non-Executive Director, subject to shareholder approval. The company also approved the acquisition of 20% stake in its subsidiary, Pieflowtech Solutions Private Limited, increasing its shareholding to 80%.

Key Highlights

  • Interim dividend of Re.1.00 per share declared for FY26-27.
  • Record date for dividend is November 13, 2026.
  • Unaudited financial results for Q2 FY27 approved.
  • Director re-designation and subsidiary stake acquisition approved.