IMPAL 72nd AGM: Rs 33 total dividend, 6.12% revenue growth
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India Motor Parts & Accessories (IMPAL) held its 72nd AGM on 21 July 2026 via video conferencing. The chairman reported 6.12% revenue growth for the year despite competitive pressures and the West Asia crisis. The company opened 10 new branches, taking the total distribution network to 90. A final dividend of Rs 23 per share was recommended, along with the Rs 10 per share interim dividend already paid in February 2026, taking total FY26 dividend to Rs 33 per share. Shareholders approved a material related party transaction of Rs 500 crore with Brakes India Private Limited. Auditors report was unmodified.
Total dividend of Rs 33/share reflects strong cash generation. 6% revenue growth and branch expansion signal steady expansion, while Rs 500 crore RPT with Brakes India is a key approval.