The Board has recommended dividend of Rs. 150 per equity share of Rs. 10 each.
BAJAJ-AUTO · price
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Bajaj Auto Limited's Board meeting on 06 May 2026 approved and took on record the audited standalone and consolidated financial results for Q4 and FY ended 31 March 2026. The Board recommended a dividend of Rs. 150 per equity share (1500% on face value of Rs. 10), to be paid to shareholders on the record date of 29 May 2026, with actual payment around 24 July 2026 subject to shareholder approval at the AGM on 21 July 2026. The audit reports carry an unmodified opinion with no qualifications, indicating clean financials.
The recommendation of a high dividend (1500% payout) signals strong financial performance and cash-rich position, which is positive for shareholders and could support the stock price.