GARFIBRESNSEGarware Technical Fibres LimitedHighPositive
Announced Fri, 7 Nov · 17:30 IST

Garware Technical Fibres Limited has informed the Exchange that Board of Directors at its meeting held on November 07, 2025, declared Interim Dividend of 8.00 per equity share on the fully paid-up Equity shares of Rs. 10/- (Ten) each.

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Garware Technical Fibres Limited, at its meeting held on November 07, 2025, declared an interim dividend of Rs. 8.00 per equity share. The dividend is on fully paid-up equity shares having a face value of Rs. 10 each, effectively translating to 80% of the face value. This is a one-time interim declaration and details regarding the record date and payment timeline would typically follow in a separate communication. The payout reflects the company's strong cash generation and willingness to reward shareholders during the financial year.

Likely market impact

The interim dividend is generous and signals confidence in the company's financial health, providing immediate cash returns to shareholders. The stock may see some short-term price adjustment on the ex-dividend date, but the move is generally viewed positively by long-term investors.