Foseco India has announced that the record date for its final dividend is set for June 3, 2026. If approved, shareholders can expect to receive their dividends by July 9, 2026.
Foseco India Limited
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Foseco India Ltd has scheduled its 69th Annual General Meeting (AGM) on June 10, 2026, to be held via video conferencing. The meeting will discuss the approval of the financials for FY25, a proposed dividend of ₹25 per share, and appointments/reappointments of directors.
Foseco India's Q4 EBITDA significantly increased by 51%, reaching ₹413 million compared to last year, with the margin improving to 20.5%. This indicates a robust performance and growth in profitability for the company.
Foseco India plans to sell a significant portion (approximately 1.77%) of its shares in FCIL for roughly INR 134.75 crore by 2027. This sale represents around 6.1% of FCIL's revenue and 13.6% of its net worth.
Foseco India is one of 104 companies releasing their Q4 results on May 12th. Interestingly, Indian Hotels Company has already shown a profit increase prior to the official results announcement.
Foseco India, in compliance with SEBI's SAST Regulations, has made a disclosure regarding recent corporate updates. This action ensures transparency and adherence to regulatory requirements.