Rs 2 interim dividend declared; two bonus shares for each existing share proposed
SBCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.6 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board declared an interim dividend of Rs 2 per share, equal to 100% of face value, with 13 November 2026 as the record date and payment by 3 December 2026. It proposed two Rs 2 bonus shares for every existing share, using Rs 23.04 crore of retained earnings. Shareholders will vote on 16 December 2026. Consolidated revenue for the September quarter rose 44% to Rs 197.79 crore, while net profit rose 40% to Rs 34.75 crore.
Dividend offers cash returns, while the bonus may improve liquidity but not value. Quarterly profit supports sentiment; bonus approval is pending.