Announced Tue, 26 May · 23:55 IST
Setco Automotive Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, declared Interim Dividend of Rs. 13 per equity share.
SETCO · price
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Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹26.98
prior close
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AI summary
Setco Automotive Limited's Board declared an Interim Dividend of Rs. 13 per equity share (650% on face value of Rs. 2) for FY 2026-27. The dividend will be paid to shareholders on record as of June 2, 2026. The Board meeting was held on May 26, 2026, and lasted from 10:30 PM to 11:33 PM. This is a standard interim dividend announcement with no additional corporate actions mentioned.
Likely market impact
The declaration of a 650% dividend indicates strong cash flow generation, which is a positive signal for shareholders. However, without knowing the current market price, the actual yield impact cannot be assessed.