<h1>Singer India Approves Final Dividend and Extends Remuneration to Executive Vice Chairman</h1>
Singer India Limited, in a board meeting held on June 25, 2026, announced decisions regarding its upcoming dividend payout and approved the remuneration of Mr. Rakesh Khanna, Executive Vice Chairman and Managing Director. The Board considered and endorsed these matters, subject to further shareholder approval at the forthcoming Annual General Meeting (AGM).
The company has fixed July 31, 2026, as the Record Date for determining members' entitlement to receive the Final Dividend of Rs. 0.40 per equity share. This dividend relates to the financial year ended March 31, 2026. If approved by shareholders at the AGM, the dividend is set to be paid within 30 days from the date of the AGM after deducting tax at source, where applicable.
The Board also established a period for closing the Register of Members and Share Transfer Books in preparation for the AGM and the payment of the final dividend. The necessary details regarding the upcoming events are presented below:
| Stock Identification | AGM Date | Record Date | Book Closure Period (Both days inclusive) | Purpose |
|---|---|---|---|---|
| BSE Script: 505729 NSE Symbol: SINGERIND | August 07, 2026 | July 31, 2026 | August 01, 2026, to August 07, 2026 | Payment of Final Dividend for the Financial Year ended March 31, 2026. |
The Board also approved the remuneration payable to Mr. Rakesh Khanna, Executive Vice Chairman and Managing Director of the company. This compensation covers the remaining tenure of his appointment period, extending from April 5, 2026, to April 4, 2028. The approval of this remuneration is subject to shareholder consent.
Details concerning Mr. Khanna's role and the reason for the change were outlined in the Board documents:
| Detail | Information |
|---|---|
| Name | Mr. Rakesh Khanna |
| Reason for Change | Approval of remuneration for the remaining tenure of appointment |
| Appointment Date/Cessation | April 5, 2023 |
| Profile | Executive Vice Chairman and Managing Director of the Company |
The company's Board meeting commenced at 12:30 P.M. and concluded at 01:05 P.M. The required notice for members to seek approval regarding Mr. Khanna's remuneration will be sent in due course, and it will also be available on the company’s website.
SINGERIND Stock Price Movement
Shares of Singer India Limited are shedding value as of 2:08 PM, having dipped 1.58% in live trading to trade at ₹70.34. The stock is currently active, with 58,174 shares traded and holding above its intraday low of ₹69.6.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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