Steelcast Limited — Dividend/Bonus, 29-07-2026: Dividend

STEELCAST Limited has declared its First Interim Dividend for FY27 at Rs. 0.45 per equity share (45% of Re. 1 face value). This payout rewards shareholders, with the Record Date set for August 7. Eligible shareholders can expect payment on or before August 28.

In a key strategic move, the company also approved a Greenfield Foundry expansion. This Rs. 120 Cr investment will add 8,500 tons to its existing 29,000-ton capacity, aiming to meet rising customer demand and projecting 90% utilization by FY29. Positive for long-term growth!