My Companies
Notification
Account
Board declared Special Interim Dividend of Rs 21 per share (420% on Rs 5 face value) for FY2026-27. Record date Friday, 16 Oct 2026; payable within 30 days of declaration. Novel step change from routine small annual payouts; breaks results-only cadence ahead of Q2 results, signalling treasury-backed capital return. Total outlay, funding source and rationale not disclosed; large payout shifts cash-light, low-leverage profile; execution is record date and payment timeline.
Hindustan Composites Completes ₹370 Crore Friction Sale, MD Steps Down
Hindustan Composites Secures Approval For ₹370 Crore Friction Business Sale
Hindustan Composites Sells Friction Business To Rane Madras For ₹370 Crore