Dividend11 Aug 2026, 10:10 pm
SKF India Declares Interim Dividend of ₹20/Share, Sets Record Date
AI Summary
SKF India (Industrial) Ltd announced an interim dividend of ₹20 per equity share for the financial year 2026-27. The record date for this dividend has been fixed as August 17, 2026. The company's Board of Directors also approved the unaudited financial results for the first quarter ended June 30, 2026, with an unmodified opinion from auditors Deloitte Haskins & Sells LLP. Additionally, the board accepted the resignation of Mr. Mukund Vasudevan as Managing Director, effective August 31, 2026, due to a role change within the SKF Group. He will be appointed as a Non-Executive Director from September 1, 2026.
Key Highlights
- Interim dividend of ₹20 per equity share declared.
- Record date for dividend payment set as August 17, 2026.
- Unaudited Q1 FY27 results approved with unmodified audit opinion.
- MD Mukund Vasudevan resigns; to be appointed Non-Executive Director.
Price Impact
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