Swaraj Engines fixes July 3 record date for ₹110 dividend

1 min read     Updated on 21 Jun 2026, 01:09 AM
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Shriram SScanX News Team
AI Summary

Swaraj Engines Ltd has fixed July 3, 2026, as the record date for a ₹110 per share dividend, subject to shareholder approval at the 40th AGM on July 20, 2026. The company reported an 18.3% rise in FY26 net profit to ₹196.31 crore, driven by a 19.3% increase in net operating revenue to ₹2007.13 crore and record engine sales of 2,02,771 units.

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Swaraj Engines Ltd has fixed Friday, July 3, 2026, as the record date to determine shareholder entitlement for a dividend of ₹110 per share recommended for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the upcoming 40th Annual General Meeting (AGM). The company reported a net profit of ₹196.31 crore for FY26, an increase of 18.3% from the previous year, supported by its highest-ever annual sales volume of 2,02,771 engines.

AGM and E-Voting Details

The 40th AGM will be held on Monday, July 20, 2026, at 12:30 P.M. through video conferencing and other audio-visual means. Members holding shares as on the cut-off date of July 13, 2026, are eligible to vote. Remote e-voting commences on July 16, 2026, at 9:00 a.m. and concludes on July 19, 2026, at 5:00 p.m. Shareholders who have voted via remote e-voting may attend the meeting but will not be eligible to vote again during the AGM.

Financial Performance

Net operating revenue for FY26 rose 19.3% to ₹2007.13 crore. Operating profit (PBIDT) stood at ₹272.12 crore, a 19.7% increase over the previous year. The company achieved a Return on Net Worth of 40.2%, up from 39.6% in FY25. Total comprehensive income for the year was ₹196.40 crore.

Metric FY26 FY25 Change
Net Operating Revenue (₹ Cr) 2007.13 1681.89 +19.3%
Operating Profit/PBIDT (₹ Cr) 272.12 227.31 +19.7%
Net Profit/PAT (₹ Cr) 196.31 165.98 +18.3%
Earnings Per Share (₹) 161.60 136.64 +18.3%

Operational Highlights

The company recorded its highest-ever annual engine sales volume of 2,02,771 units, a growth of 20.1% compared to the previous year. The Indian tractor industry crossed the one-million-unit milestone with sales of 11,60,300 units. Swaraj Engines is currently enhancing its annual manufacturing capacity to 2,40,000 engines from the existing 1,95,000 engines.

Operational Metric FY26 FY25 Change
Engine Sales Volume (units) 2,02,771 1,68,820 +20.1%
Indian Tractor Industry Sales (units) 11,60,300 9,39,700 +23.0%

Historical Stock Returns for Swaraj Engines

1 Day5 Days1 Month6 Months1 Year5 Years
+1.26%-7.90%-0.02%+4.39%-11.05%+110.55%

How will the expansion of manufacturing capacity to 2,40,000 engines impact the company's cost structure and profit margins in the coming fiscal year?

Can Swaraj Engines sustain its 20% volume growth if the Indian tractor industry growth rate normalizes from the recent 23% surge?

What is the company's capital allocation strategy regarding the utilization of its strong 40.2% Return on Net Worth beyond dividend payouts?

Swaraj Engines to transfer shares to IEPF on September 4

1 min read     Updated on 29 May 2026, 04:47 AM
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AI Summary

Swaraj Engines Limited announced the transfer of equity shares to the Investor Education and Protection Fund (IEPF) on September 4, 2026, due to dividends remaining unclaimed for seven consecutive years. The transfer specifically pertains to unpaid dividends for the financial year 2018-19. Shareholders must submit claims by August 20, 2026, to prevent the transfer of their shares and associated benefits.

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Swaraj Engines Limited will transfer equity shares to the Investor Education and Protection Fund (IEPF) on September 4, 2026, for dividends unclaimed for seven consecutive years or more. The company published a notice in the Financial Express and AJIT on May 28, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Rule 6 of the IEPF Authority (Accounting, Audit, Transfer, and Refund) Rules, 2016.

The transfer concerns unpaid or unclaimed dividends for the financial year 2018-19. All future benefits and dividends arising from these shares will also be transferred to the IEPF. Shareholders can claim back both the unclaimed dividends and the transferred shares from the IEPF Authority by following the prescribed procedures.

Shareholder Action Required

Shareholders must submit an application to the company or its Registrar and Transfer Agents on or before August 20, 2026, to claim unencashed dividends. If no valid claim is received by this date, the company will proceed with the transfer of shares to the IEPF.

Process for Physical and Demat Shares

For shareholders holding shares in physical form, the company will issue new share certificates in lieu of the original ones. These new certificates will be converted to DEMAT form and transferred to the IEPF. The original share certificates will be automatically cancelled and deemed non-negotiable. For shares held in dematerialized form, the company will inform the depository to transfer the shares to the IEPF Authority via corporate action.

Key Dates and Contact Information

Event Date
Publication of Notice May 28, 2026
Last Date for Claiming Dividend August 20, 2026
Due Date for Transfer to IEPF September 4, 2026

Shareholders with queries may contact the company's Registrar and Transfer Agents, MCS Share Transfer Agent Limited, at their Delhi office.

Historical Stock Returns for Swaraj Engines

1 Day5 Days1 Month6 Months1 Year5 Years
+1.26%-7.90%-0.02%+4.39%-11.05%+110.55%

What impact will the transfer of these shares to the IEPF have on Swaraj Engines' shareholder register and voting rights?

How might the company's dividend policy evolve if the volume of unclaimed dividends continues to rise?

Could this event trigger a broader review of the company's investor communication strategies to reduce unclaimed dividends?

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