This M&M-backed small-cap multibagger declares highest-ever dividend of Rs 104.5 per share - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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This M&M-backed small-cap multibagger declares highest-ever dividend of Rs 104.5 per share

M&M-backed small-cap multibagger, has declared its highest-ever dividend of Rs 104.50 per share for FY25. This move will fetch M&M, the promoter with a 52.12 per cent stake, a payout of approximately Rs 66.16 crore. The company also revealed plans to expand its engine capacity to 2,40,000 units annually with a Rs 220 crore investment.

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