SINGERINDNSESinger India LimitedHighPositive
Announced Thu, 25 Jun · 13:29 IST

Singer India fixes record date for Rs 0.40 final dividend, approves MD pay

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AI summary

Board of Singer India fixed July 31, 2026 as record date for final dividend of Rs 0.40 per share (face value Rs 2) for FY ended March 31, 2026. Book closure runs August 1 to August 7, 2026 and AGM is on August 7. Board also approved remuneration for Mr. Rakesh Khanna, Executive Vice Chairman and MD, for April 5, 2026 to April 4, 2028, subject to shareholder approval via postal ballot.

Likely market impact

Modest final dividend of Rs 0.40 per share; investors must hold shares by July 31, 2026 to be eligible. MD pay needs shareholder vote.