Frontier Springs Announces September 15 Record Date for Final Dividend, Sets AGM for September 22

1 min read     Updated on 27 Aug 2025, 08:08 PM
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Radhika SahaniBy ScanX News Team
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Overview

Frontier Springs Ltd has set September 15, 2025, as the record date for the final dividend for FY 2024-25. The Annual General Meeting is scheduled for September 22, 2025. E-voting for AGM resolutions will be available from September 19 to 21, 2025. Shareholders on record as of September 15, 2025, will be eligible for e-voting and dividend consideration.

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*this image is generated using AI for illustrative purposes only.

Frontier Springs Ltd has announced key dates for its upcoming dividend payment and Annual General Meeting (AGM), signaling important events for shareholders.

Dividend Record Date

The company has set September 15, 2025, as the record date for determining shareholder eligibility for the final dividend payment for the financial year 2024-25. This decision aligns with the regulatory requirements outlined in SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations.

Annual General Meeting

Frontier Springs has scheduled its Annual General Meeting for Monday, September 22, 2025. During this meeting, shareholders will have the opportunity to approve the proposed final dividend, among other agenda items.

E-Voting Details

To facilitate shareholder participation, the company has arranged for e-voting on resolutions to be passed at the AGM. The e-voting period is set as follows:

  • Start Date and Time: September 19, 2025, at 9:00 AM
  • End Date and Time: September 21, 2025, at 5:00 PM

Shareholders on record as of September 15, 2025, will be eligible to participate in the e-voting process.

Important Dates Summary

Event Date
Record Date for Dividend September 15, 2025
E-Voting Eligibility Cut-off Date September 15, 2025
E-Voting Period September 19, 2025 (9:00 AM) to
September 21, 2025 (5:00 PM)
Annual General Meeting September 22, 2025

Frontier Springs Ltd has stated that the notice for the AGM will be sent to shareholders separately. The company's announcement demonstrates its commitment to maintaining transparent communication with its shareholders and ensuring their participation in key corporate decisions.

Investors and shareholders are advised to mark these dates in their calendars and prepare for the upcoming AGM and potential dividend payment, subject to shareholder approval at the meeting.

Historical Stock Returns for Frontier Springs

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%-5.99%+10.48%+151.64%+129.70%+1,350.34%
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Frontier Springs Ltd. Secures Rs 92.6 Crore Orders from Railway Factories, Stock Surges 7%

1 min read     Updated on 03 Jun 2025, 10:40 AM
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By ScanX News Team
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Overview

Frontier Springs Ltd. has won contracts worth Rs 92.60 crore from Rail Coach Factory, Kapurthala and Modern Coach Factory, Raebareli for supplying air springs assembly. The orders will be executed over the coming quarters. The company's stock price increased by over 7% following the announcement, reflecting positive investor sentiment.

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*this image is generated using AI for illustrative purposes only.

Frontier Springs Ltd. has announced a significant boost to its order book, securing contracts worth Rs 92.60 crore from two major railway coach factories. The news has sparked investor interest, with the company's share price climbing over 7% following the announcement.

Order Details

The spring manufacturer has won orders from two prestigious railway coach manufacturing units:

  1. Rail Coach Factory, Kapurthala
  2. Modern Coach Factory, Raebareli

These orders are for the supply of air springs assembly, a critical component in modern railway coaches that enhances passenger comfort by providing better suspension and reducing vibration.

Execution Timeline

Frontier Springs Ltd. has stated that the orders will be executed over the coming quarters. This suggests a steady stream of revenue for the company in the near to medium term, potentially contributing to improved financial performance.

Market Reaction

The stock market responded positively to this development:

  • Share Price Movement: The company's stock price surged by over 7% following the announcement.
  • Investor Sentiment: The sharp uptick in share price indicates strong investor confidence in the company's growth prospects and its ability to secure high-value contracts in the railway sector.

Company Outlook

This substantial order win from prominent railway coach factories underscores Frontier Springs Ltd.'s strong position in the railway components market. The company's ability to secure orders from government entities like the Rail Coach Factory and Modern Coach Factory demonstrates its competitive edge and the quality of its products.

The total order value of Rs 92.60 crore is significant for Frontier Springs Ltd., potentially providing a solid foundation for revenue growth in the upcoming quarters. As the Indian railways continue to modernize and expand, companies like Frontier Springs Ltd. stand to benefit from the increased demand for high-quality components.

Investors and market analysts will likely keep a close watch on the company's execution of these orders and any future contract wins in the railway sector.

Historical Stock Returns for Frontier Springs

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%-5.99%+10.48%+151.64%+129.70%+1,350.34%
Frontier Springs
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