Kirloskar Ferrous Industries Announces AGM Details and Recommends Final Dividend

Kirloskar Ferrous Industries Announces AGM Details and Recommends Final Dividend

Kirloskar Ferrous Industries Announces AGM Details and Recommends Final Dividend​

Kirloskar Ferrous Industries Limited (KFIL) has announced key details regarding its upcoming Annual General Meeting (AGM), including the recommendation of a final dividend for the financial year 2025–2026. The company also set specific dates for the record date and electronic voting facility ahead of the meeting.

The 35th Annual General Meeting of Kirloskar Ferrous Industries Limited is scheduled to be held on Wednesday, August 5, 2026, at 4:00 p.m. (IST). The AGM will utilize a Video Conferencing (VC) or Other Audio Visual Means (OAVM) facility.

Dividend and Record Date​

The Board of Directors, during its meeting held on June 12, 2026, recommended a Final Dividend of ₹3 per equity share for the financial year 2025–2026. This recommendation is based on an equity share value of ₹5 per share, resulting in a dividend rate of 6%.

The Record Date for determining members entitled to receive the Final Dividend has been fixed as Friday, July 17, 2026.

If approved by the company members at the AGM, the Final Dividend is slated for payment within thirty days from the date of the meeting. The dividend will be paid through various methods, including direct credit, RTGS, NEFT, or NECS, to shareholders whose names appear in the designated registers on the Record Date.

Voting and Meeting Details​

KFIL provided its members with facilities to exercise their voting rights electronically through National Securities Depository Limited (NSDL). The Cut-off date for determining eligibility for remote e-voting or e-voting at the AGM is Wednesday, July 29, 2026.

The remote e-voting period has been scheduled as follows:
  • Start Date: Sunday, August 2, 2026, at 9:00 a.m. (IST)
  • End Date: Tuesday, August 4, 2026, at 5:00 p.m. (IST)

The AGM will be conducted via VC/OAVM facility provided through NSDL. Members attending the meeting through this facility will be counted for quorum purposes as per relevant regulations.

Key details related to the Annual General Meeting and dividend are summarized below:

EventDetailsDate/Value
AGM DateVenue and TimeAugust 5, 2026, at 4:00 p.m. (IST)
Recommended Final DividendPer Share Rate (6%)₹3 per equity share
Record Date for DividendAscertaining entitled membersJuly 17, 2026
E-Voting Cut-off DateDetermining voting eligibilityJuly 29, 2026
Dividend Payment TimelineAfter approval at AGMWithin thirty days from AGM date

KIRLOSIND Stock Price Movement​

As of 2:34 PM, shares of Kirloskar Industries Limited are shedding value in live trading, sinking to ₹4078.10 after suffering a 1.36% dip. The stock currently trades within its day range, which stretches from a low of ₹4040.00 to a high of ₹4140.70.
 

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