
Dividend11 May 2026, 11:21 pm
Shriram Pistons Recommends Final Dividend of ₹5 per Share
AI Summary
Shriram Pistons & Rings Ltd's board approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹5 per equity share (face value ₹10). This is in addition to the interim dividend of ₹5 already paid. The board also approved the re-appointment of directors Mr. Yasunori Maekawa and Mr. Pradeep Dinodia, and the appointment of M/s Chandra Wadhwa & Co. as Cost Auditor for FY 2026-27. The 62nd AGM will be held on July 27, 2026, and the record date for the final dividend is July 20, 2026. Additionally, the board approved a proposal to raise up to ₹10,000 Million via QIP.
Key Highlights
- Final dividend of ₹5 per share recommended, in addition to ₹5 interim dividend.
- Re-appointment of Mr. Yasunori Maekawa and Mr. Pradeep Dinodia as Directors.
- M/s Chandra Wadhwa & Co. appointed as Cost Auditor for FY 2026-27.
- 62nd AGM to be held on July 27, 2026, via video conferencing.
- Board approves raising up to ₹10,000 Million via Qualified Institutions Placement (QIP).