FMGOETZE Declares Interim and Special Dividend of ₹94 Per Share
Federal-Mogul Goetze declared an interim dividend of ₹7.50 and a special dividend of ₹86.50 per share, totaling ₹94. The record date is September 4, 2026, with payment by September 25, 2026.
Dividend announcements, especially substantial ones like this, directly benefit shareholders and can positively influence investor perception and stock price.
The declaration of both an interim and a special dividend is a positive signal to shareholders, indicating strong financial performance and confidence from the management.
Federal-Mogul Goetze (India) Limited announced the outcome of its Board Meeting held on Thursday, 27th August 2026. The Board has declared an interim dividend of ₹7.50 per equity share and a special dividend of ₹86.50 per equity share. Both dividends are on equity shares of ₹10 face value.
The record date for determining the eligibility of shareholders for these dividends has been fixed as Friday, 4th September 2026. Shareholders whose names appear on the Company's Register of Members or as beneficial owners in the depositories' records as of this date will be entitled to receive the dividends.
The interim and special dividends will be paid on or before Friday, 25th September 2026, in compliance with the Companies Act, 2013. The Board Meeting commenced at 04:30 PM and concluded at 04:52 PM.
A plain-language summary of a public exchange filing by Federal-Mogul Goetze (India) Limited.. Read the original for the full detail.