Announced Mon, 11 May · 20:41 IST
Shriram Pistons & Rings Limited has informed the Exchange that Board of Directors at its meeting held on May 11, 2026, recommended Final Dividend of Rs. 5 per equity share.
Corporate Actions View source PDF
SHRIPISTON · price
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Price reaction · full curve 14 horizons · vs prior close
-5.9%1-day move
₹3596.30
prior close
₹3598.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.3-5.0-5.5-5.0-5.9-7.1-5.5-6.6-8.0-8.5-3.7-2.0+17.1—
Up moveDown movePending
AI summary
The Board of Directors of Shriram Pistons & Rings Limited met on May 11, 2026, and recommended a Final Dividend of Rs. 5 per equity share. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The announcement is standard practice for listed companies declaring annual dividends to reward shareholders.
Likely market impact
A positive signal for shareholders as the company is distributing profits. The actual impact on stock price will depend on the dividend yield relative to market expectations and the stock's current price.