Transrail Lighting Approves ₹600 Cr QIP and ₹3 Interim Dividend

Transrail Lighting Limited's Board of Directors has approved a Qualified Institutions Placement (QIP) to raise up to ₹600 Crore. The board also declared an interim dividend of ₹3 per equity share for FY26-27, with a record date of August 3, 2026. Additionally, the company approved alterations to its Memorandum of Association and a further investment of AED 15,300,000 (approx. ₹40.25 crore) in its UAE subsidiary, Transrail Trading LLC. A postal ballot notice will be issued to seek shareholder approval for the QIP and MOA alterations.