SALZERELECNSESalzer Electronics LimitedHighPositive
Announced Sat, 23 May · 15:45 IST

Salzer Electronics Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2026, recommended Final Dividend of Rs. 2.50 per equity share.

Corporate Actions View source PDF

SALZERELEC · price

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Price reaction · full curve 14 horizons · vs prior close
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₹703.80
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AI summary

Salzer Electronics Limited reported Q4 FY2026 standalone revenue of Rs. 46,208.81 lakhs and full-year revenue of Rs. 1,71,519.37 lakhs, up 24% year-over-year. However, standalone profit after tax declined to Rs. 5,383.21 lakhs from Rs. 6,225.83 lakhs in the previous year. The Board recommended a final dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10) for FY2026, subject to shareholder approval at the 41st AGM scheduled for September 12, 2026. The record date for dividend eligibility is August 28, 2026. The company also approved re-appointment of two independent directors and investments in subsidiaries including Salzer EV Infra and Effilume Private Limited.

Likely market impact

The company maintained dividend payout despite a 13.5% decline in standalone PAT, signaling confidence in financial stability. Shareholders can expect dividend payment after September AGM approval, with the record date set for August 28, 2026.