Dividend23 May 2026, 05:41 pm
Majestic Auto: Final Dividend of ₹25/Share; Record Date Aug 10, 2026
AI Summary
Majestic Auto Ltd. has fixed August 10, 2026, as the record date for determining members' entitlement to the final dividend of ₹25 per equity share (250% on face value of ₹10), subject to shareholder approval at the upcoming AGM. This decision was made during the Board Meeting held on May 23, 2026, where the audited financial statements for FY26 were approved. The AGM is scheduled for August 17, 2026, and the dividend payment will be completed within 30 days of declaration.
Key Highlights
- Record date for final dividend fixed as August 10, 2026.
- Final dividend of ₹25 per share (250%) recommended for FY26.
- AGM scheduled for August 17, 2026, to approve dividend.
- Audited financial statements for FY26 approved at board meeting.
- Re-appointment of Mr. Aayush Munjal as Whole Time Director approved, subject to member approval.
Price Impact
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