Board Meeting5 Nov 2026, 02:25 pm
Safari Industries Declares Interim Dividend of ₹2/Share
AI Summary
Safari Industries India Ltd announced the outcome of its Board Meeting held on November 5, 2026. The board approved the unaudited financial results for the quarter and half-year ended September 30, 2026 (standalone and consolidated). Additionally, an interim dividend of ₹2 per equity share (100%) for FY 2026-27 was declared, with a record date of November 12, 2026, and payment by December 5, 2026. The company also approved capital expenditure of up to ₹170 Crore for itself and ₹60 Crore for its wholly-owned subsidiary, Safari Manufacturing Limited, to enhance production capacity.
Key Highlights
- Unaudited financial results for Q2 FY27 approved.
- Interim dividend of ₹2 per share declared for FY 2026-27.
- Record date for dividend set as November 12, 2026.
- Capital expenditure of up to ₹170 Crore approved.
- Subsidiary to receive ₹60 Crore for capacity expansion.
Price Impact
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