
Dividend27 May 2026, 04:08 pm
Varroc Engineering Declares 150% Dividend (₹1.5/Share)
AI Summary
Varroc Engineering Ltd's board approved a final dividend of ₹1.50 per equity share (150% of face value ₹1 each) for the financial year 2025-26, subject to shareholder approval at the 38th Annual General Meeting. The dividend will be paid within 30 days of AGM approval, after applicable tax deductions. The record date for determining dividend entitlement is August 7, 2026. The board also re-appointed M/s. S. R. Bhargave & Co. as Cost Auditors for FY 2026-27 and approved seeking shareholder approval for issuing Non-Convertible Debentures up to ₹500 crores.
Key Highlights
- Varroc Engineering recommends a final dividend of ₹1.50 per share (150%).
- Record date for dividend entitlement is set as August 7, 2026.
- Re-appointment of M/s. S. R. Bhargave & Co. as Cost Auditors approved.
- Board seeks approval for NCD issuance up to ₹500 crores.
- 38th Annual General Meeting scheduled for August 20, 2026.
Price Impact
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