
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.