Announced Sat, 9 May · 13:22 IST

The Board of Directors at their Board Meeting held on 9th May,2026 approved following: 1. Recommended the final dividend of Rs.1.5/- (15%) per Equity Share having face value of Rs.10 ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-8.9%1-day move
₹112.95
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AI summary

The Board of Directors of Solitaire Machine Tools Limited met on May 9, 2026 and approved the standalone audited financial results for the financial year ended March 31, 2026. The auditors from K C Mehta & Co. LLP gave an unmodified opinion on the results. The Board has recommended a final dividend of Rs. 1.5 per equity share (15% on face value of Rs. 10), which is subject to shareholder approval at the 34th Annual General Meeting scheduled for June 27, 2026. Book closure for the AGM has been fixed from June 21 to June 27, 2026. The company also appointed M/s. Jain & Hindocha as internal auditor for FY 2026-27.

Likely market impact

The recommendation of a 15% dividend signals the company remains profitable and is sharing earnings with shareholders. If approved at the AGM, investors holding shares before the record date can expect dividend income.