Final Dividend of Re 0.50 per Share; AGM on Sep 29, 2026

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Price reactionminutes from the announcement price · days from the prior close

+3.9%Next day

₹103.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+4.0% vs market

Civil Construction peers, median of 97sector-0.7%+4.6% vs sector

By the next day the stock moved 4.0 pts more than Nifty Microcap 250 and 4.6 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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+3.9-0.1+4.0-0.7+4.6

+4.1+0.2+3.9-0.5+4.6

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Suyog Gurbaxani Funicular Ropeways board has recommended a Final Dividend of Re 0.50 per share (5 percent on face value of Rs 10), totaling around Rs 1.24 crore for FY ending March 2026, subject to shareholder approval. Record date is September 22, 2026. Book closure runs September 23 to September 29. The 17th AGM will be held on September 29, 2026 at 11:30 am via video conferencing.

Likely market impact

Modest final dividend of Re 0.50 per share announced. Stock may trade ex-dividend around the September 22 record date.