Creative Castings Q1FY26: ₹12.50 FY26 Dividend, AGM Sept 26

Q1FY26 board outcome in brief

Creative Castings has approved its standalone unaudited financial results for the quarter ended June 30, 2026 (Q1FY26). Alongside the quarterly results, the board recommended a final dividend of ₹12.50 per equity share for the financial year ended March 31, 2026 (FY26). The recommendation will be placed before shareholders at the company’s next Annual General Meeting (AGM). The company also outlined key dates for voting and dividend eligibility.

Final dividend recommendation: amount and payout ratio

The board recommended a final dividend of ₹12.50 per equity share for FY26. The company stated that this represents a 125% payout on the face value of ₹10.00 per equity share. As with listed-company dividend processes, the payout is subject to approval by shareholders at the AGM. Only after members declare the dividend will the company proceed with dispatch within the statutory period to eligible shareholders.

AGM date and resolutions scheduled for shareholder vote

Creative Castings scheduled its 41st AGM for September 26, 2026. At this meeting, shareholders are expected to vote on the proposed final dividend. The agenda also includes the re-appointment of a retiring director, approval of managerial remuneration, and approval related to a material related-party transaction. The company has positioned the AGM as the formal platform where these board-approved items will be taken up for member consent.

Record date and cut-off date for eligibility

For the FY26 final dividend and voting rights, the board fixed September 19, 2026 as both the record date for determining dividend entitlement and the cut-off date for voting rights. This date is relevant for shareholders to verify eligibility under depository and register records. The company stated that, if the dividend is declared, it will be dispatched to eligible shareholders within the statutory period.

Material related-party transaction: value and counterparty

The board also approved a material related-party transaction of ₹9.65 crore with Specmac Techno Pvt Ltd, as per the resolution details shared. The status was shown as approved but pending shareholder approval, indicating that it will be taken up at the AGM. Beyond the stated value and counterparty name, no further terms were provided in the supplied information.

Key facts table

Dividend track record mentioned in the data

The provided information also carried a dividend history table that showed a pattern of ₹10.00 per share final dividends in prior years. For example, the table listed a final dividend value of 10 (₹10.00 per share) announced on 28-Jul-2025 with record date 18-Sep-2025 and ex-dividend date 18-Sep-2025. It also listed ₹10.00 final dividends for earlier years with record dates in September 2024, September 2023, and September 2022.

Market impact and investor checklist

For investors tracking dividend events, the immediate focal points are the record date, the AGM date, and whether the dividend is ultimately declared by shareholders. In this case, Creative Castings has already set September 19, 2026 as the record date and September 26, 2026 as the AGM date where members will vote on the FY26 ₹12.50 recommendation. The supplied data also included price and trading references such as a last traded price of ₹639.00 versus a previous close of ₹635.85, and a VWAP of ₹639.48, as well as a dividend yield figure shown as 1.56% in one section.

Why the FY26 recommendation stands out

Based on the information provided, the FY26 recommendation of ₹12.50 per share is higher than the ₹10.00 per share final dividends shown in the historical table for earlier years. The company also explicitly linked the FY26 figure to a 125% payout on a ₹10 face value, which is a standard way of expressing dividend percentage in India. Separately, the AGM agenda includes a material related-party transaction of ₹9.65 crore, which will require shareholder consideration as part of the meeting’s resolutions.

Company details cited in the material

The supplied company information listed Creative Castings’ address as 102, GIDC, Phase-II, Rajkot Road, Dolatpara, Junagadh, Gujarat 362003, with telephone 0285-2660224. It also listed the email info@creative-cast.com and website http://www.creative-cast.com. A code “539527” was included in the data.

Conclusion

Creative Castings has approved its Q1FY26 standalone unaudited results and recommended a FY26 final dividend of ₹12.50 per share, with September 19, 2026 set as the record and cut-off date and September 26, 2026 scheduled as the 41st AGM. The AGM will also take up other items, including a retiring director’s re-appointment, managerial remuneration, and a ₹9.65 crore related-party transaction with Specmac Techno Pvt Ltd. The next confirmed milestone is the shareholder vote at the AGM, after which the dividend, if declared, will be dispatched within the statutory period.