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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Reviewed by
Jubin VScanX News Team
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
+1.40%+3.69%-3.72%+1.77%-4.98%+149.68%

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?

Swaraj Engines Reports Record FY26 Performance with Enhanced Q4 EBITDA Margins

3 min read     Updated on 14 Apr 2026, 04:22 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Swaraj Engines delivered exceptional FY26 results with revenue growth of 19.30% to ₹2007.13 crores and profit after tax increasing 18.30% to ₹196.31 crores. The company demonstrated strong Q4 performance with EBITDA rising 21.17% to ₹750 million and margin improvement to 13.74%. Engine sales crossed 2 lakh units milestone, reaching 2,02,771 units with 20.10% growth, while the Board recommended a substantial 1100% dividend and announced key managerial personnel changes with regulatory compliance through newspaper publication of audited results.

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Swaraj Engines Limited delivered exceptional financial performance for FY26, achieving record-breaking results across multiple parameters while announcing significant corporate developments. The Board of Directors approved the audited financial results on 13th April, 2026, marking the company's sixth consecutive year of increased engine sales and profit.

Outstanding Financial Performance

The company achieved remarkable growth in FY26, with net operating revenue reaching ₹2007.13 crores compared to ₹1681.89 crores in the previous year, representing robust 19.30% growth. Profit before exceptional items and tax reached ₹266.98 crores, up from ₹223.05 crores in FY25, while profit after tax stood at ₹196.31 crores versus ₹165.98 crores, marking 18.30% growth.

Financial Metric: FY26 FY25 Growth (%)
Net Operating Revenue (₹ crores): 2007.13 1681.89 +19.30%
Profit Before Tax (₹ crores): 266.98 223.05 +19.70%
Profit After Tax (₹ crores): 196.31 165.98 +18.30%
Engine Sales (Units): 2,02,771 1,68,820 +20.10%

Exceptional Q4 Performance with Strong EBITDA Growth

The fourth quarter demonstrated exceptional momentum, marking the 16th consecutive quarter of year-over-year profit growth. Q4 revenue reached ₹545.79 crores compared to ₹454.16 crores in the corresponding period of the previous year. The quarter's net profit stood at ₹54.56 crores versus ₹45.42 crores in Q4 FY25, reflecting strong operational performance with engine sales reaching 55,004 units compared to 45,594 units.

The company's operational efficiency improved significantly with Q4 EBITDA reaching ₹750 million compared to ₹619 million in the previous year, representing a substantial 21.17% year-over-year growth. EBITDA margin also expanded to 13.74% from 13.64% in the corresponding quarter, demonstrating enhanced profitability and cost management.

Q4 Performance: FY26 FY25 Change (%)
Revenue (₹ crores): 545.79 454.16 +20.04%
EBITDA (₹ million): 750.00 619.00 +21.17%
EBITDA Margin (%): 13.74 13.64 +0.10 bps
Net Profit (₹ crores): 54.56 45.42 +20.10%
Engine Sales (Units): 55,004 45,594 +20.60%
Earnings Per Share (₹): 44.91 37.39 +20.10%

Dividend and Corporate Announcements

The Board recommended an equity dividend of 1100% (₹110 per share) for FY26. The 40th Annual General Meeting is scheduled for Monday, 20th July, 2026, with the record date set for Friday, 3rd July, 2026. Dividend payments will be dispatched after the AGM within stipulated timelines.

Key Managerial Personnel Changes

Swaraj Engines announced significant changes in key managerial personnel during the Board meeting. Ms. Geeta Kharat will cease her role as Compliance Officer due to resignation, effective from the close of 12th June, 2026, citing better growth and career opportunity. Mr. Nayan Jain will assume the position of Compliance Officer from 13th June, 2026, and will also serve as Key Managerial Personnel and Senior Management Personnel.

Personnel Change Details: Information
Outgoing Officer: Ms. Geeta Kharat (ACS-51135)
Incoming Officer: Mr. Nayan Jain (ACS-79769)
Transition Date: 13th June, 2026
Reason for Change: Better growth and career opportunity
Additional Roles: KMP and Senior Management Personnel

Regulatory Compliance and Publication

In compliance with SEBI Regulation 47, the company published its audited financial results in newspapers on 14th April, 2026. The results were published in Financial Express (English) across all editions and Ajit (Punjabi) in the Jalandhar edition. Company Secretary Rajesh K. Kapila confirmed the publication compliance through official communication to BSE Limited and National Stock Exchange of India Limited.

Publication Details: Information
Publication Date: 14th April, 2026
English Newspaper: Financial Express (All Editions)
Regional Newspaper: Ajit (Punjabi - Jalandhar Edition)
Compliance Officer: Rajesh K. Kapila (ACS-9936)

Operational Milestones

The company's engine sales volume crossed the significant milestone of 2,00,000 units for the first time in its history, reaching 2,02,771 units in FY26. This represents a substantial increase of 20.10% from the previous year's 1,68,820 units. The consistent growth trajectory reflects strong customer demand and operational excellence. The statutory auditors, B. K. Khare & Co., Chartered Accountants, issued an unmodified audit opinion on the financial results.

Historical Stock Returns for Swaraj Engines

1 Day5 Days1 Month6 Months1 Year5 Years
+1.40%+3.69%-3.72%+1.77%-4.98%+149.68%

What capacity expansion plans does Swaraj Engines have to sustain the 20% growth trajectory beyond the 2 lakh unit milestone?

How will the transition from Ms. Geeta Kharat to Mr. Nayan Jain as Compliance Officer impact the company's regulatory strategy and governance framework?

What market factors are driving the exceptional demand for Swaraj's engines, and is this growth sustainable in the current economic environment?

More News on Swaraj Engines

1 Year Returns:-4.98%