StockWatch
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Auto Components & Equipments
Dividend23 Oct 2026, 12:12 pm

Steel Strips Wheels Declares Interim Dividend of ₹1.50 per Share

AI Summary

Steel Strips Wheels Ltd has announced an interim dividend of ₹1.50 per equity share, with a face value of ₹1. The record date for this dividend payment is November 2, 2025. The company also approved its standalone and consolidated financial results for the half-year ended September 30, 2026, along with a limited review report. Other key decisions included the appointment of Sh. Pranav Varma as Vice-President (Finance-Accounts) and approval for setting up a new state-of-the-art manufacturing unit for hot stamping lines for passenger vehicles, subject to necessary approvals. The lease agreement for AMW Autocomponent Limited was also extended.

Key Highlights

  • Board approved an interim dividend of ₹1.50 per equity share.
  • Record date for dividend payment set as November 2, 2025.
  • Approved financial results for H1 FY27.
  • Appointed Sh. Pranav Varma as VP (Finance-Accounts).
  • Approved setting up a new manufacturing unit for hot stamping.