Asi Industries has fixed September 16, 2026, as the record date to determine shareholder eligibility for its dividend payment for fiscal year 2026.

The company declared a dividend of ₹0.40 per equity share. Each share has a face value of ₹1. The payout will be made within 30 days from the date of declaration at the Annual General Meeting scheduled for September 22, 2026.

Dividend Details

The payout is part of the company’s distribution plan for FY26. Shareholders must hold the stock on the specified record date to receive the dividend.

Regulatory Compliance

The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Manish P. Kakrai, Company Secretary, on August 24, 2026.

ASI Industries has completed the sale of its entire shareholding in Lloyds Engineering Works Ltd, marking the end of its investment in the engineering firm. The transaction took place on July 28, 2026, involving the disposal of 10,00,000 equity shares through open market transactions at prevailing market prices via the stock exchange. This move brings ASI Industries' holding in Lloyds Engineering Works Ltd to NIL, concluding a position that previously constituted approximately 0.068% of the paid-up share capital of the target company.

The divestment follows earlier intimations issued by the company on July 23, 2026, and was formally disclosed to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Manish P. Kakrai, Company Secretary & Compliance Officer of ASI Industries Limited, signed the disclosure submitted to the exchange on July 29, 2026. The filing confirms that the shares were sold through standard open market mechanisms rather than block deals or off-market transfers.

Transaction Details

The sale involved a specific volume of equity shares, representing a small but complete exit from the associate entity. Below are the key parameters of the transaction as disclosed in the regulatory filing:

Financial Impact Assessment

ASI Industries Limited stated that the sale of this investment has no material impact on its financials, operations, or other activities. Given that the stake represented less than one-tenth of a percent of the target company's paid-up capital, the proceeds and any associated gains or losses are unlikely to significantly alter the consolidated financial statements for the period. The company did not disclose the specific average price per share or the total consideration received in the intimation.

Strategic Context

The exit aligns with routine portfolio management activities, where companies periodically review and adjust their non-core investments. By liquidating the entire holding, ASI Industries simplifies its investment portfolio regarding Lloyds Engineering Works Ltd. There were no mentions of strategic partnerships, joint ventures, or ongoing operational ties with the engineering firm following this divestment. The company continues to operate under its trading symbol ASIIL (Script Code: 502015) on the Bombay Stock Exchange.