Rs 1 interim dividend declared; subsidiary stake to rise to 80 percent
MAFATIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.0 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mafatlal approved unaudited Q2 and half-year results for the quarter ended 30 September 2026, reviewed without qualification. It declared an interim dividend of Rs 1 per share for FY2026-27. The record date is 13 November 2026 and payment is due by 27 November 2026, after TDS. It will acquire 2 million Pieflowtech Solutions shares for Rs 2.5 million, increasing its stake from 60 percent to 80 percent.
Eligible shareholders will receive Rs 1 per share, subject to TDS. The higher subsidiary stake may support earnings, and dividend may aid sentiment.