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Pitti Engineering declares interim dividend of ₹2 per share

Pitti Engineering (BSE: PITTIENG) said its board has declared a interim dividend of ₹2 per equity share. The company is valued at about ₹3,574 crore.

BCEIE News Desk · Published 22 Oct 2026, 06:56 pm IST · Filing received 22 Oct 2026, 06:40 pm IST

What happened

Pitti Engineering (BSE: PITTIENG) informed the stock exchanges on 22 October 2026 at 06:40 PM that its board has declared a interim dividend of ₹2 per equity share.

From the filing: "The Board has fixed record date as Monday, 2 nd November 2026 for the purpose of payment of interim dividend for the financial year 2026-27."

How big is it?

At the latest price of ₹949.2, the ₹2 payout amounts to 0.21% of the share price.

Company snapshot

Pitti Engineering is a small-cap company, with a market value of about ₹3,574 crore.

The stock last traded at ₹949.2, against a 52-week range of ₹675–₹1,228 (22.7% below the high).

Before this filing the shares had moved −15.6% over the month and +3.2% over three months. Average daily turnover over the last 20 sessions was about ₹9.19 crore.

Promoters held 54.18% at the end of Q1 FY27. Foreign institutions owned 1.55% and domestic institutions 20.10%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2645722.96.14
Q2 FY2647840.110.78
Q3 FY2647728.27.59
Q4 FY2650126.67.21
Q1 FY2752929.57.99

What history shows

This is not the company's first dividend disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Market-wide, 861 dividend filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • 22 October 2026: Board meeting — Financial Results/Dividend.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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