Dividend13 Nov 2026, 06:45 pm
Steelcast Declares ₹0.45 Second Interim Dividend
AI Summary
Steelcast Ltd's Board of Directors, in a meeting held on November 13, 2026, approved the Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The Board declared a second interim dividend of ₹0.45 per equity share for FY 2026-27, with a record date of November 20, 2026, and payment due by December 13, 2026. Additionally, the company approved a further investment of ₹31 Crores in its Greenfield Foundry for capacity addition, bringing the total capacity to 40,750 Tons and total investment to ₹151 Crores.
Key Highlights
- Second interim dividend of ₹0.45 per share declared for FY 2026-27.
- Record date for dividend payment set as November 20, 2026.
- Approved additional investment of ₹31 Crores for capacity expansion.
- Total capacity to reach 40,750 Tons post-expansion.
- Unaudited financial results for Q2 FY27 approved.
Price Impact
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