SAL Automotive Ltd Sets Record Date for Final Dividend Payment
SAL Automotive Ltd has announced the record date for the payment of a recommended final dividend for its shareholders. The company specified that the record date is September 14, 2026, which is contingent upon the dividend being approved by the members at the forthcoming Annual General Meeting (AGM).The Board of Directors of SAL Automotive Ltd had previously recommended a final dividend of Rs. 2.00 per equity share. This recommendation was made against a face value of Rs. 10 per share and was put forth during a Board meeting held on May 22, 2026.
In relation to the dividend, SAL Automotive Ltd has scheduled its AGM for Monday, September 21, 2026. The purpose of the AGM includes the approval of the final dividend payment.
The company has fixed Monday, September 14, 2026, as the record date for determining the eligible members for the final dividend on equity shares for the financial year 2025-26.
Stock Price Movement
As of 10:43 AM, Sal Automotive Ltd. is ticking up at ₹206.00 after gaining 3.67% in the market. The shares have seen strong intraday movement, trading between a low of ₹197.75 and reaching an intraday high of ₹206.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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