Garware Hi-Tech Films Limited (GRWRHITECH) — Corporate Action Announcement

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📢 Key Event
Board recommends Rs 12 dividend per share and approves new lamination line investment

🔄 What Changed
Final dividend recommended at Rs 12 per share (120% payout) and new lamination line approved with ₹191 crore investment

🔮 What's Next
New lamination line to be commissioned by June 2027

💡 Investor Takeaway
The dividend signals strong profitability and confidence in future growth, offering shareholders a high payout alongside strategic expansion.

The Board recommended a final dividend of Rs 12 per share (120% payout) for FY26, subject to shareholder approval, alongside approval of audited financial results showing revenue of ₹2,120 crores, PAT of ₹338 crores, and an unmodified audit opinion. A new lamination line with a ₹191 crore investment was approved, targeting commissioning by June 2027, while Ms. Sonali Rajesh Mehta was appointed as an Independent Director effective June 25, 2026, and Ms. Monika Garware reappointed as Vice-Chairperson and Joint Managing Director for five years effective November 1, 2026.

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About Garware Hi-Tech Films Limited (GRWRHITECH)

Capital Goods · Industrial Products · Listed on NSE

Market Cap: ₹12,553.39 Cr P/E: 40.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Garware Hi-Tech Films Limited (GRWRHITECH) — Corporate Action Announcement

About Garware Hi-Tech Films Limited (GRWRHITECH)

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