The company has not yet announced the record date for bonus shares. Shareholders whose names appear in the Register of Members or in depository records on the record date will be eligible to receive these bonus shares.
In the past, the company had also issued bonus shares in 2019. At that time, investors received 1 bonus share for every 2 shares they held.
Stock Performance and Dividend Update
The company’s shares have a face value of ₹10. On May 6, the stock closed at ₹791.70 on the BSE. In the last one month, the stock has gained around 17%.
As of March 2026, promoters held a 41.11% stake in the company. It also has a strong retail investor base of around 1.5 lakh shareholders, who collectively hold about 4% stake.
Dividend and Financial Results
The company has announced a final dividend of ₹2 per share for the financial year 2026. This dividend will be approved at the upcoming Annual General Meeting (AGM).
Once approved, the dividend will be paid within 30 days. The record date for this payment will be announced later.
For comparison, the company had declared a higher final dividend of ₹2.50 per share for FY2025.
However, the company’s financial performance saw a decline. Net profit fell by 24% year-on-year to ₹190.70 crore in the January–March 2026 quarter.
Total income also slightly dropped by 0.59% to ₹1,523.11 crore compared to the previous year.
