Samvardhana Motherson Q4 Profit: Decay in Benefit, Reward Issue Announced

In all of the past occasions, the company has issued reward offers within the 1:2 proportion, meaning qualified shareholders gotten one reward share for each two offers that they held as on the record date.

Furthermore, the company’s board has moreover affirmed the issue of reward offers in conjunction with its quarterly results.

Samvardhana Motherson will issue reward offers within the proportion of 1:2, which implies, qualified shareholders will get one reward share for each two offers they hold as of the record date.

The said reward issue will be subject to endorsement of the company’s shareholders at the ensuing Yearly Common Assembly (AGM) of the company.

Samvardhana Motherson holds the record for being the non-Nifty company with the foremost number of reward issues declared for its shareholders.

According to information accessible, Samvardhana Motherson has reported reward offers in 1997, 2000, 2005, 2007, 2012, 2013, 2015, 2017, 2018 and 2022. Usually the 11th occurrence within the final three decades that the company has issued reward shares.

In all of the past occasions, the company has issued reward offers within the 1:2 proportion, meaning qualified shareholders gotten one reward share for each two offers that they held as on the record date.

The record date for this proposed reward issue has not been unveiled yet.

For the Walk quarter, Samvardhana Motherson has detailed a development of 6% in its income to 29,317 crore, whereas its productivity went up by 19% from final year to 1,051 crore.

Its Profit Before Interest, Charge, Deterioration and Amortization (EBITDA) declined by 1.6% year-on-year, whereas edges contracted by 70 premise points.

Shares of Samvardhana Motherson are exchanging 0.5% lower after comes about and reward issue declaration at 147.99. The stock has risen 11% within the final one month ahead of the results.
First Distributed: May 29, 2025 10:32 AM IST