The Board of Directors of the Company at its meeting held today declared an interim dividend of INR 40 per share for the FY 2025-26 and fixed the record date for this purpose as May 15, 2026
KENNAMET · price
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Kennametal India Ltd's Board declared an interim dividend of INR 40 per share (400% on face value of INR 10) for FY 2025-26. The record date is May 15, 2026 for determining shareholder eligibility. The Board also approved unaudited financial results for Q3 and nine months ended March 31, 2026, with no qualifications or adverse remarks from statutory auditors Price Waterhouse & Co. Additionally, the Board is seeking shareholder approval via postal ballot for material related party transactions with Kennametal Inc. and Kennametal Europe GmbH. The Board meeting lasted from 2:00 PM to 4:30 PM IST on May 7, 2026.
The declaration of a 400% interim dividend signals strong financial health and confidence in the company's performance. Shareholders on record as of May 15, 2026 will receive the dividend. The unqualified auditor report reinforces confidence in the company's financial position.