Setco Automotive Declares Interim Dividend of ₹13 Per Share
Setco Automotive's Board declared an interim dividend of ₹13 per equity share (650%) for FY27. The record date is June 2, 2026. Payment will be made within statutory timelines.
Dividend declarations directly benefit shareholders and can positively influence investor sentiment, although the impact on the company's operational or financial standing is typically moderate.
The company declared a dividend, which is a positive sign for shareholders.
Setco Automotive Limited announced today, May 26, 2026, that its Board of Directors has approved the declaration of an interim dividend. The dividend is ₹13 per equity share, representing 650% of the face value of ₹2 per share, for the financial year 2026-27.
The record date for determining the eligible shareholders to receive this dividend has been set as June 2, 2026. The company will pay the interim dividend to those shareholders whose names appear on the register of members or beneficial owners as of the record date. The payment will be made within the timelines stipulated by applicable laws.
The Board meeting commenced at 10:30 PM and concluded at 11:33 PM on May 26, 2026.
What to do with a filing like this
Setco Automotive Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Setco Automotive Limited. Read the original for the full detail.