Board of Directors at its meeting held on October 23, 2026, declared Interim Dividend of Rs. 6.50 per equity…
As filed · Shriram Finance Limited has informed the Exchange that Board of Directors at its meeting held on October 23, 2026, declared Interim Dividend of Rs. 6.50 per equity share.
CapitalMinormateriality 48 out of 100
What happened
FactBoard of Directors at its meeting held on October 23, 2026, declared Interim Dividend of Rs. 6.50 per equity share. Declared an interim dividend of 325% i.e. for the purpose of payment of interim dividend.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
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Fact- Record date
- Payout as a share of profit
- definitely, it will come down a little because our new vehicle mix will go up. (management committed by H1 FY27)
- I think the current NIM will hold good because we are utilizing the capital. (management committed by H1 FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%