FOSECOINDNSEFoseco India Limited· Chemicals - SpecialityMediumPositive
Announced Thu, 21 May · 19:21 IST

Foseco India Limited has informed the Exchange that Record date for the purpose of Dividend is 03-Jun-2026.

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FOSECOIND · price

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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹5153.00
prior close
₹5152.60
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.1+0.3-0.9-2.6-2.2-2.2-3.5-2.4-4.1-1.4+0.9-1.3
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AI summary

Foseco India Limited has convened its 69th Annual General Meeting scheduled for June 10, 2026 through video conferencing. The meeting will seek shareholder approval for adopting audited financial statements for FY 2025, declaring a final dividend of Rs. 25 per share (250% on face value of Rs. 10), re-appointing independent director Amitabha Mukhopadhyay for a second term, and re-appointing Prasad Chavare as Managing Director and CEO for 5 years. The record date for determining shareholder entitlement to the dividend has been fixed as June 3, 2026. If approved, the dividend will be paid on or before July 9, 2026.

Likely market impact

The proposed 250% dividend indicates strong financial health and cash generation. Shareholders holding shares as of June 3, 2026 record date will be eligible to receive Rs. 25 per share dividend, providing immediate income return.