CIE Automotive India Limited has informed the Exchange that Board of Directors at its meeting held on February 19, 2026, recommended Final Dividend of Rs. 7 per equity share.
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Awaiting price reaction for this filing.
CIE Automotive India Limited's Board of Directors met on February 19, 2026, and recommended a Final Dividend of Rs. 7 per equity share for the financial year. The dividend is a recommendation at this stage and will need shareholder approval at the upcoming Annual General Meeting. The record date and payment timeline are typically disclosed later. Shareholders should wait for the formal record date announcement to know if they are eligible to receive the dividend.
Positive for income-focused investors as it confirms a cash return from the company. The stock may see mild short-term support around the ex-dividend date, though the broader market reaction depends on the dividend yield relative to the current share price.