ELECONElecon Engineering Company Ltd
Elecon Engineering declares a 50 paise per share interim dividend with a record date of 21 Oct
- Corporate action
- Engineering
Elecon Engineering Company Limited has told the exchanges that its board, at a meeting on 14 Oct 2026, declared an interim dividend of ₹0.50 per equity share of ₹1 face value, which is 50% of the face value, for the financial year 2026-27. The board took this decision at the same meeting at which it approved the unaudited results for the quarter and half year ended 30 Sep 2026.
The record date for deciding which shareholders are entitled to the dividend is Wednesday, 21 Oct 2026. The company will pay or send the dividend to shareholders on or after Wednesday, 4 Nov 2026.
Inference
To receive the dividend, a shareholder must hold shares on the record date. With paid-up equity capital of ₹22.44 crore at ₹1 a share, which is about 22.44 crore shares, the dividend comes to about ₹11.2 crore in total, a figure calculated from the results and not stated in the filing.
The company’s consolidated profit for the half year was ₹166.70 crore. The filing does not say whether it plans any further dividend this year.
Reference: Original filing (PDF)
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