Majestic Auto Recommends ₹25 Final Dividend for FY26
Majestic Auto Ltd has announced that its Board of Directors has approved and recommended a final dividend of ₹25 per equity share for the Financial Year 2025-26. This declaration is subject to shareholder approval at the upcoming 53rd Annual General Meeting (AGM) scheduled for August 17, 2026. The record date for determining dividend eligibility is August 10, 2026, with payment expected on or before September 16, 2026. The company also reminded shareholders about the taxability of dividends and the requirement to submit necessary tax exemption documents by August 16, 2026, to avoid Tax Deducted at Source (TDS). Shareholders holding physical securities are urged to update their PAN, KYC, and bank details to ensure uninterrupted dividend credit.
Key Highlights
- Board recommends final dividend of ₹25 per equity share for FY25-26.
- Dividend subject to shareholder approval at the AGM on August 17, 2026.
- Record date set for August 10, 2026; payment by September 16, 2026.
- Shareholders must submit tax exemption documents by August 16, 2026.
- Physical security holders must update KYC and PAN details.
Price Impact
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