Transrail Lighting declares ₹3 interim dividend, approves ₹600 Cr QIP

Transrail Lighting Limited announced an interim dividend of ₹3 per equity share for FY 2026-27, with a record date set for August 3, 2026. The company's Board of Directors also approved raising up to ₹600 Crore through a Qualified Institutions Placement (QIP). Additionally, the Board approved alterations to the 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 alteration.