Announced Thu, 25 Jun · 16:35 IST
Board fixes Jul 17 2026 as dividend record date, seeks Rs 500 Cr fundraise nod
Corporate Actions View source PDF
SURYODAY · price
▲ 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
+2.5%1-day move
₹171.50
prior close
₹173.49
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.2+2.7+1.3+2.5+3.9+7.5+6.7+5.3+2.6+7.2———
Up moveDown movePending
AI summary
Board approved: record date Jul 17, 2026 for final dividend (subject to AGM approval). Also seeking shareholder approval to raise up to Rs 300 Cr via equity, warrants or other securities through Rights, Preferential, QIP or any mode (Tier-1 capital), plus up to Rs 200 Cr via Tier-2 debt. Re-appointed Mr. Ranjit Shah as director till Nov 1, 2026. Modified ESOP 2019 scheme. 18th AGM set for Aug 6, 2026 via video conferencing.
Likely market impact
Shareholders on record by Jul 17 get the dividend. Equity fundraise of up to Rs 300 Cr could dilute existing holders if priced low.