Federal-Mogul Goetze (India) Limited has declared a ₹94 per share total dividend comprising a ₹86.50 special dividend and ₹7.50 interim dividend for eligible shareholders. According to reports from LiveMint, the company informed stock exchanges that the Board declared these dividends at a meeting held on Thursday, 27th August 2026. The record date for dividend eligibility has been set for Friday, 4th September 2026, making today the final trading day for investors to purchase shares and become eligible for the ₹94 per share dividend payment.
This marks the first dividend declaration by the auto company in 25 years, with the last ex-dividend trading occurring on 10th August 2001 for a dividend of ₹2.50 per share. As reported by LiveMint, the company had traded ex-rights on two occasions during these 25 years: 17th September 2007 and 3rd November 2008. The current dividend represents a significant increase from the previous payment, with the special dividend alone accounting for ₹86.50 per share compared to the ₹2.50 per share distributed in 2001.
According to the company's announcement, the ₹94 per share dividend will be paid to shareholders whose names appear on the Register of Members or in depository records as beneficial owners as of Friday, 4th September 2026. As reported by LiveMint, the dividend payment is scheduled for on or before Friday, 25th September 2026, in accordance with the Companies Act, 2013 provisions. The company has already informed exchanges about the dividend declaration and record date, ensuring transparency in the dividend distribution process.
Today represents the last opportunity for investors to purchase Federal-Mogul Goetze (India) Limited shares and become eligible for the ₹94 per share dividend payment. According to LiveMint, shares of the company are currently trading ex-date for finalizing the list of eligible shareholders. The dividend declaration comes after a significant gap in the company's dividend history, with the last ex-dividend trading occurring nearly two decades ago. This represents a substantial return opportunity for investors who hold shares by the record date.
