The 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.
SWARAJENG · price
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On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 6.0 pts more than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Swaraj Engines Limited has recommended a hefty equity dividend of 1045%, which translates to Rs. 104.50 per share, for the financial year ended 31st March 2025. This recommendation was made alongside the approval of the annual accounts. The dividend will need shareholder approval at the upcoming Annual General Meeting. The payout reflects strong financial performance and a continued shareholder-friendly capital allocation policy.
A Rs. 104.50 per share dividend is a substantial cash return for shareholders and is likely to be viewed positively by the market. The stock may see short-term buying interest from dividend-focused investors, with the actual yield depending on the current share price.