Investors eyeing Samvardhana Motherson International 's dividend have until June 20 to purchase shares and qualify for the Rs 0.35 per share payout. The auto components major has also reported robust financial results for the fourth quarter, alongside an announcement of a bonus share issuance.

Q4 Financial Highlights

Samvardhana Motherson International has posted impressive financial results for the fourth quarter:

• Revenue increased by 6.00% compared to the same period last year
• Net profit surged by 19.60%, showcasing strong bottom-line growth

These figures indicate a solid performance by the company, particularly in terms of profitability.

Dividend Details

Shareholders should note the following key points regarding the dividend:

• Dividend amount: Rs 0.35 per share
• Last date to buy shares for dividend eligibility: June 20

Investors interested in receiving this dividend must ensure they purchase the company's shares before the end of the trading day on June 20.

Bonus Share Issuance

In addition to the dividend announcement, Samvardhana Motherson International has approved a bonus share issuance:

• Ratio: 1:2 (One bonus share for every two shares held)

This bonus issue is likely to increase the number of shares for existing shareholders without affecting the company's market capitalization.

The combination of a dividend payout and bonus share issuance, along with the strong quarterly performance, reflects the company's commitment to creating value for its shareholders. Investors should consider these factors when making investment decisions regarding Samvardhana Motherson International shares.

Samvardhana Motherson International , a leading auto component manufacturer, has announced two significant investment decisions, strengthening its position in both international markets and the renewable energy sector.

Consolidation of Turkish Joint Venture

The company has decided to acquire the remaining 25% stake in its Turkish joint venture entities for 3.23 million euros. This move is expected to consolidate Samvardhana Motherson International's presence in the Turkish market, potentially allowing for greater operational control and streamlined decision-making processes.

Venturing into Renewable Energy

In a separate development, Samvardhana Motherson International is set to purchase a 28.15% stake in HR Dhauliganga, a renewable energy company, for 141.00 million rupees. This investment marks the company's entry into the growing renewable energy sector, diversifying its portfolio beyond automotive components.

Strategic Implications

These investments highlight Samvardhana Motherson International's dual strategy of:

1. Strengthening its core automotive business by increasing ownership in existing ventures.
2. Exploring new growth opportunities in the promising renewable energy sector.

The move into renewable energy aligns with global trends towards sustainability and could potentially open up new revenue streams for the company in the future.

While the financial impact of these investments on Samvardhana Motherson International's overall business remains to be seen, they represent clear steps towards both consolidation and diversification. Stakeholders will likely be watching closely to see how these strategic moves unfold and contribute to the company's long-term growth trajectory.