Hindustan Composites declares a special interim dividend of ₹21 a share

Hindustan Composites has declared a special interim dividend of ₹21 per share, or 420% of the ₹5 face value. The record date is Friday 16 October.

Price, Monday's close₹435.85▲ 2.11%

Last 5 days

52-week low ₹347.1052-week high ₹550.00

Sector: Auto components

What happened

The board declared ₹21 per equity share, a 420% payout on the ₹5 face value, according to Sahi and ScanX.
Sahi gave Friday 16 October as the record date and said payment follows within 30 days of the declaration.
Sahi noted the previous final dividend, for 2025-26, was ₹2 a share, and that Rane Madras bought Hindustan Composites' friction business in August 2026.
The shares closed at ₹435.85 on Monday, up 2.11%.

Why it matters

Good to know: The record date is the day a shareholder must be on the company's books to receive the dividend. Shares bought after the ex-date do not qualify.

Key facts

Dividend: ₹21 per share (420% of face value)
Face value: ₹5
Record date: Friday 16 October (per Sahi)
Last final dividend: ₹2 per share (2025-26)

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This is a summary of public news about Hindustan Composites, for information only. It is not a recommendation to buy, sell or hold HINDCOMPOS.