Dividend26 May 2026, 09:31 pm
Transrail Lighting Recommends ₹2 Dividend, Approves Capex of ₹203 Cr
AI Summary
Transrail Lighting Ltd's board approved the audited financial results for the year ended March 31, 2026, recommending a final dividend of ₹2 per share. They also approved a capex plan of approximately ₹203 Crore and the issuance of Commercial Papers and Non-Convertible Debentures up to ₹100 Crore each. Additionally, the board approved the voluntary winding up of its Malaysian subsidiary and investments in UAE subsidiaries.
Key Highlights
- Transrail Lighting board approved audited financial results for FY26.
- A final dividend of ₹2 per share (100% of face value) was recommended.
- Capex plan of approximately ₹203 Crore was approved by the board.
- Issuance of CPs and NCDs up to ₹100 Crore each was approved.
- Voluntary winding up of Transrail Lighting Malaysia SDN. BHD. approved.
Price Impact
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