Onward Technologies fixes record date for ₹8 dividend

0 min read     Updated on 23 Jun 2026, 04:23 AM
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Anirudha BScanX News Team
AI Summary

Onward Technologies has fixed July 3, 2026, as the record date for an ₹8 per share dividend for FY26, subject to shareholder approval at the AGM. The payout will occur within 30 days of declaration, complying with the Companies Act, 2013, and TDS regulations.

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Onward Technologies has fixed Friday, July 3, 2026, as the record date to determine shareholder eligibility for a dividend of ₹8 per equity share. The dividend, recommended for the Financial Year 2025-26, is subject to approval by shareholders at the ensuing Annual General Meeting (AGM).

The company stated that the dividend will be paid within 30 days from the date of declaration, adhering to the provisions of the Companies Act, 2013. The payout is also subject to tax deduction at source (TDS) as per the Income Tax Act, 1961.

The disclosure was made in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been hosted on the company's official website.

Dividend Details

Parameter Details
Dividend per share ₹8
Face value ₹10
Financial Year FY26
Record Date July 3, 2026
Payment timeline Within 30 days of declaration

Historical Stock Returns for Onward Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.50%-2.65%+11.20%-4.80%-12.59%+23.44%

How will this dividend payout impact Onward Technologies' free cash flow and capital allocation plans for FY26?

What does the ₹8 dividend imply about the company's confidence in its earnings stability and growth prospects for the remainder of the financial year?

Will the company maintain this dividend yield level in future declarations, or is this a special one-time distribution?

Onward Technologies files BRSR for FY 2025-26

2 min read     Updated on 23 Jun 2026, 04:18 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Onward Technologies Limited filed its Business Responsibility and Sustainability Report for FY 2025-26, disclosing details on governance, employee welfare, and environmental performance. The company reported a workforce of 2,359 with 21.03% female representation and 11.95% renewable energy usage. Initiatives included wind power adoption and electric vehicle transition to reduce carbon footprint.

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Onward Technologies Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the stock exchanges. The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's performance on environmental, social, and governance (ESG) parameters. The report serves as a comprehensive disclosure of the company's responsible business conduct and sustainability initiatives during the fiscal year.

Governance and Oversight

The company's governance framework includes a Board of Directors comprising seven members, with female representation at 14.29%. Mr. Jigar Mehta, Managing Director, is responsible for decision-making on sustainability-related issues. The Board has approved policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). Onward Technologies Limited maintains a Code of Conduct, Anti-Bribery Policy, and Whistleblower Policy, all available on its corporate website. The company reported no fines, penalties, or legal proceedings in FY 2025-26.

Employee Welfare and Diversity

As of the end of FY 2025-26, the company had a total of 2,359 permanent employees, with 21.03% being female. The workforce is distributed across 7 national offices and 5 international locations. The turnover rate for permanent employees stood at 37.93% for the current financial year. The company provides 100% coverage for health and accident insurance to all permanent employees. Training programs on ESG, health and safety, and skill upgradation covered 100% of the employee base during the year.

Environmental Performance

Onward Technologies Limited reported total energy consumption of 4,430.83 Gigajoules for FY 2025-26, with 11.95% sourced from renewable energy. The company generated 3.902 metric tonnes of waste, of which 3.176 metric tonnes were recycled. Water consumption totaled 452.53 kilolitres. The company has implemented initiatives such as wind power-based electricity generation and the transition to electric vehicles for senior management to reduce its carbon footprint. Total Scope 1 and Scope 2 greenhouse gas emissions were reported at 773.11 tonnes of CO2 equivalent.

Social Impact and CSR

The company's Corporate Social Responsibility (CSR) activities focused on education and healthcare, benefiting over 14,000 individuals through various initiatives. No complaints were reported regarding sexual harassment, child labour, or forced labour during the year. The company ensures compliance with the Rights of Persons with Disabilities Act, 2016, providing accessible infrastructure across its offices.

Key Operational Metrics FY 2025-26

Metric Value
Total Employees 2,359
Female Employees 496 (21.03%)
Energy Consumption 4,430.83 GJ
Renewable Energy Share 11.95%
Total Waste Generated 3.902 metric tonnes
Waste Recycled 3.176 metric tonnes
Water Consumption 452.53 kilolitres
GHG Emissions (Scope 1 & 2) 773.11 tonnes CO2e

Historical Stock Returns for Onward Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.50%-2.65%+11.20%-4.80%-12.59%+23.44%

What specific targets has Onward Technologies set to increase the renewable energy share beyond the current 11.95% in the coming years?

How does the company plan to address the high employee turnover rate of 37.93% to ensure workforce stability?

Are there strategic initiatives in place to significantly improve female representation on the Board from the current 14.29%?

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