DIVIDEND NEWS: Majestic Auto Limited has announced a huge dividend of Rs 35 per share for its investors. This is a special dividend which Majestic Auto has announced for its investors. Rs 35 special dividend will be paid to eligible shareholders on each share of Rs 10 face value.
Based on the dividend calculation, Rs 35 special divided translates into a payout of 350 per cent.
The company will pay Rs 35 special dividend to shareholders subject to their eligibility on the record date. The firm has set February 17, 2026 as the record date for dividend payment.
"A Special Interim Dividend @ 350% (i.e., Rs 35 per equity share of face value % 10 each) for the financial year 2025-26, in view of the profits realized by the Company from the sale of its investments in its subsidiary, to be paid to the shareholders whose names appear in Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Tuesday, February 17,2026 (“Record Date”) in accordance with Regulation 42 of the Listing Regulations," Majestic Auto Limited said in filing.
On when Rs 35 special dividend will be paid to the shareholders, Majestic Auto Limited said that the amount will be dispatched on or before March 13, 2026.
"This Special Interim Dividend will be paid/dispatched on or before March 13, 2026, subject to applicable taxes," Majestic Auto Limited added in the filing.
Majestic Auto Limited had announced the special dividend of Rs 35 per share along with the third quarter results (Q3 FY2026). In the quarter ended on December 31, 2025, the company reported a consolidated profit of Rs 5.45 crore, compared with Rs 3.02 crore clocked in the same quarter a year ago.
Majestic Auto shares closed 1.5 per cent higher at Rs 437.05 on Friday (Feb 13).
Majestic Auto Limited (formerly Majestic Gears) is primarily engaged in commercial real estate leasing and facility management services. The company commanded a market capitalisation of Rs 454.4 crore, according to BSE data on Friday.
