StockWatch
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Dividend17 Sept 2026, 09:30 pm

Skyways Air Services declares interim dividend of ₹0.25/share

AI Summary

Skyways Air Services Limited announced its first interim dividend of INR 0.25 per equity share for FY 2026-27. The record date for this dividend is set for October 9, 2026. The company's Board of Directors also approved un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the company plans to establish overseas offices in China, Malaysia, Indonesia, Singapore, and the Philippines with an investment not exceeding INR 30 Crore. Mr. Yashpal Sharma has been appointed as the Chief Executive Officer (CEO), and Ms. Akshita Sehgal has been promoted to Assistant General Manager. The company also approved incremental investment of up to INR 20 Crore in existing overseas subsidiaries.

Key Highlights

  • First interim dividend of ₹0.25 per share declared for FY 2026-27.
  • Record date for dividend payment set as October 9, 2026.
  • Un-audited financial results for Q1 FY27 approved.
  • Expansion into China, Malaysia, Indonesia, Singapore, Philippines planned.
  • Yashpal Sharma appointed CEO; Akshita Sehgal promoted to AGM.