A) Audited Financial Results for the year ended 31st March, 2025This is to inform that the Board of Directors of Swaraj Engines Limited in their meeting held today the 16th April, 2025 have approved the Audited financial results of the Company for the fourth quarter and year ended 31st March, 2025. Copy of the audited results and press release are enclosed herewith.In compliance with the provisions of Regulation 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015 ("Listing Regulations"), the Company hereby declares that the Statutory Auditors, B. K. Khare & Co., Chartered Accountants, have issued the Audit Report with unmodified opinion on the financial results of the Company for the year ended 31st March, 2025. Copy of the same is enclosed herewith.B) Recommendation of DividendThe Board, while approving the annual accounts, has recommended an equity dividend of 1045% (Rs. 104.50 per share) for the financial year ended 31st March, 2025.C) Annual General Meeting and Book ClosureThe Register of Members and Share Transfer Books of the Company will remain closed from Saturday, 28th June, 2025 to Friday, 4th July, 2025 (both days inclusive) for the purpose of determining the Members eligible to receive the dividend, if declared by the shareholders at the ensuing Annual General Meeting ( AGM ) scheduled to be held on Tuesday, 15th July, 2025. The dividend, if declared at the AGM, will be paid/dispatched by the Company in permitted modes after Tuesday, 15th July, 2025 within the stipulated timelines.The meeting of the Board of Directors of the Company commenced at 12.30 P.M. and concluded at 2:20 P.M.This intimation is also being uploaded on the Company's website at www.swarajenterprise.com.You are requested to kindly take note of the above.
SWARAJENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swaraj Engines' Board approved the audited financial results for Q4 and full year ended 31st March 2025 at a meeting held on 16th April 2025. The statutory auditors, B.K. Khare & Co., issued an audit report with an unmodified (clean) opinion on the financial results. The Board also recommended a hefty equity dividend of 1045%, translating to Rs. 104.50 per share for FY25, subject to shareholder approval. The Register of Members will be closed from 28th June to 4th July 2025 to determine dividend eligibility, and the AGM is scheduled for 15th July 2025, after which the dividend will be paid.
The Rs. 104.50 per share dividend is a very strong payout signal and rewards shareholders handsomely, though it will be confirmed only at the AGM on 15th July 2025. The clean audit opinion removes any governance concerns for now; investors should look at the detailed results for actual revenue and profit growth.