Pitti Engineering Declares ₹2 Interim Dividend, Approves ₹450 Cr Capex

Pitti Engineering Ltd announced the approval of un-audited financial results for the quarter and half-year ended September 30, 2026. The company declared an interim dividend of ₹2 per equity share (40%) for FY 2026-27, with a record date set for November 2, 2026. A significant capital expenditure of ₹450 crores was approved to expand manufacturing capacities and consolidate lamination operations in Karnataka, with implementation planned up to FY 2030-31. Additionally, 5,77,500 employee stock options were granted, and senior management re-designations and appointments were approved, including the promotion of Shri Avinash Arun Patil to Deputy Chief Operating Officer.