Mahindra Group-owned smallcap stock goes ex-dividend today with Rs 104.50 per share

Time of India

4 hours ago

Mahindra & Mahindra (M&M) group-backed smallcap stock
Swaraj Engines
starts trading
ex-dividend
from today, as the board of directors of the company had announced June 27 as the
record date
for their Rs 104.50 per share
dividend
eligibility.
The dividend was announced by the company earlier in the month of April along with the company's results for the quarter ended March 2025.
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The company, in a separate exchange filing, said that the record date was fixed as June 27 and further added that the said dividend will be credited to the demat accounts of the eligible shareholders by July 15.
'While referring to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby withdraw the information related to Book Closure dates i.e. from Saturday, 28th June, 2025 to Friday, 4th July, 2025 (both days inclusive) and hereby inform that Friday, 27th June, 2025 is fixed as the Record Date for purposes of determining the Members eligible to receive the dividend,' the company said.
This is the highest-ever dividend payout in the history of the company, according to Trendlyne data. The same data suggests that in the past 12 months, Swaraj Engines has declared an equity dividend amounting to Rs 95 per share and at a share price of Rs 4185.70, the company's dividend yield is 2.27%.
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Swaraj Engines shareholding pattern
The company's 52.12% equity rests in the hands of the promoter and the promoter group, while the remaining 47.88% lies in the hands of the public shareholders.
The company's promoter and promoter group consists of M&M, who hold the entire promoter stake, according to the data available on BSE.
Swaraj Engines share price performance
The shares of Swaraj Engines have delivered multibagger returns over a period of 2 years, gaining 101.10% during this timeframe. On a 1-year basis, it has risen 39.32%, while the year-to-date (YTD) return stands at 39.52%.
Over the last 6 months, the stock has gained 43.32%, and in the past 3 months, it is up 9.35%. For the 1-month period, the stock has delivered a more modest return of 2.94%.
On Thursday, the shares of Swaraj Engines closed 1% higher at Rs 4,187.90 on the BSE.
(
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