GNA Axles fixes June 12 record date for dividend

1 min read     Updated on 09 Jun 2026, 05:25 AM
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GNA Axles Limited has announced June 12, 2026, as the record date for a ₹4.00 per share dividend for FY26. The 33rd AGM is scheduled for June 30, 2026, via video conference, with dividend payment expected by July 13, 2026.

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GNA Axles Limited has fixed Friday, June 12, 2026, as the record date to determine shareholder entitlement for the dividend recommended for the financial year ended March 31, 2026. The Board of Directors recommended a dividend of ₹4.00 per fully paid-up equity share of the face value ₹2 each, amounting to 200%. If declared at the Annual General Meeting (AGM), the payout will be made subject to Tax Deduction at Source (TDS) on or before Monday, July 13, 2026.

The company will hold its 33rd AGM on Tuesday, June 30, 2026, through Video Conference (VC) and Other Audio Visual Means (OAVM). The notice regarding the AGM and the record date was published in the Financial Express and Rozana Spokesman on June 8, 2026. Shareholders whose names appear in the Register of Members or Register of Beneficial Owners as of the record date will be entitled to vote and receive the dividend.

Key Meeting Details

Event Date
Record Date Friday, June 12, 2026
33rd AGM Tuesday, June 30, 2026
Dividend Payment On or before Monday, July 13, 2026

The company stated that the facility for remote e-voting will be available to members. Members may attend and participate in the AGM only through the VC/OAVM facility, with no provision for physical attendance. The results of the remote e-voting and e-voting during the AGM will be declared within two working days from the conclusion of the meeting.

Historical Stock Returns for GNA Axles

1 Day5 Days1 Month6 Months1 Year5 Years
-6.10%-4.88%-13.99%+16.11%+6.68%+60.89%

How will the 200% dividend payout impact GNA Axles' capital allocation plans for upcoming capital expenditures?

What are the management's growth projections for the financial year 2027 following the strong performance in FY2026?

Will the company maintain this high dividend payout ratio in the future, or is this a one-time return of excess cash?

GNA Axles files BRSR for FY26 with 6 MW solar capacity

1 min read     Updated on 06 Jun 2026, 01:33 PM
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GNA Axles filed its Business Responsibility and Sustainability Report for FY26, disclosing a total installed solar capacity of 6 MW and a new 10 MW solar park project. The report details a workforce of 2,663 employees and workers, with exports contributing 45.91% to total turnover.

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GNA Axles filed its Business Responsibility and Sustainability Report for FY26, highlighting the expansion of its renewable energy capacity and detailing its environmental and social governance metrics. The filing, submitted to BSE Limited and the National Stock Exchange of India, covers the financial year 2025–26 and forms part of the company's 33rd Annual Report.

Sustainability Initiatives

The company reported a total installed solar power generation capacity of 6 MW as of the close of the financial year. Additionally, GNA Axles initiated a solar park project at Thikriwal village in Kapurthala district, Punjab, with a planned power generation capacity of 10 MW. These initiatives are part of the company's broader strategy to increase renewable energy adoption and support sustainable energy management across its operations.

Operational and Financial Metrics

GNA Axles operates two manufacturing plants and one office nationally, serving 30 states and 12 international markets. The contribution of exports to the total turnover during the reporting period was 45.91%. The company’s paid-up capital stands at ₹429,308,000. Manufacturing activities, which account for 100% of the turnover, include the production of axle shafts, spindles, and other shafts.

Workforce Composition

As of the end of FY26, the company employed a total of 515 employees and 2,148 workers. The workforce includes 484 male employees and 31 female employees, while the worker count comprises 1,999 males and 149 females. The Board of Directors consists of 12 members, with female representation at 8.33%. There were no differently abled employees or workers reported during the year.

Environmental Performance

The company reported total energy consumption of 485,087.04 GJ for the current financial year, with energy intensity per ₹ of turnover recorded at 3.28 GJ. Total Scope 1 and Scope 2 greenhouse gas emissions were 1,657.22 tCO2e and 85,886.64 tCO2e, respectively. GNA Axles maintains a zero liquid discharge system, treating and repurposing all industrial wastewater for irrigation. The company confirmed compliance with all applicable environmental laws and regulations in India.

Governance and Stakeholder Engagement

GNA Axles has established policies covering eight of the nine National Guidelines on Responsible Business Conduct (NGRBC) principles. The Board of Directors is responsible for decision-making on sustainability-related issues. During the year, the company received 14 shareholder complaints, of which one was pending resolution at the close of the year. There were no reported instances of fines, penalties, or product recalls.

Historical Stock Returns for GNA Axles

1 Day5 Days1 Month6 Months1 Year5 Years
-6.10%-4.88%-13.99%+16.11%+6.68%+60.89%

What is the expected timeline for completion of the 10 MW solar park project in Thikriwal village?

How will the increased renewable energy capacity impact GNA Axles' energy intensity per ₹ of turnover in the next fiscal year?

What strategies does the company plan to implement to improve female representation in its workforce and Board of Directors?

More News on GNA Axles

1 Year Returns:+6.68%