Record Date will be Wednesday, June 3, 2026 for the payment of final dividend, if approved at the AGM
FOSECOIND · price
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Foseco India Limited has announced that its 69th Annual General Meeting will be held on June 10, 2026 via video conferencing. The company is proposing a final dividend of Rs. 25 per share (250% on the face value of Rs. 10 each) for the financial year ended December 31, 2025. The record date for determining shareholder entitlement to the dividend is Wednesday, June 3, 2026. If approved at the AGM, the dividend will be paid on or before July 9, 2026. The meeting also includes agenda items for re-appointing independent director Amitabha Mukhopadhyay and Managing Director Prasad Chavare for 5-year terms each.
Shareholders holding shares as of June 3, 2026 will be eligible for the Rs. 25 per share dividend. The 250% payout signals strong cash generation and shareholder-friendly policy, which could positively impact the stock price around the record date and dividend payment date.