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Carborundum Universal Clears Q3 FY26 Results, Declares Interim Dividend and Approves Promoter Group Reclassification

Story Highlights
  • Carborundum Universal’s board approved unaudited Q3 FY26 financial results and will publish them per SEBI norms.
  • The board declared a 150 percent interim dividend and okayed reclassification of Algavista Greentech to public category.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Carborundum Universal Clears Q3 FY26 Results, Declares Interim Dividend and Approves Promoter Group Reclassification

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Carborundum Universal Limited ( (IN:CARBORUNIV) ) has provided an update.

Carborundum Universal Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter and period ended 31 December 2025, which will be published in summary form in English and Tamil newspapers and made available on the company and stock exchange websites in accordance with SEBI disclosure norms. The board also declared an interim dividend of 150%, or Rs 1.50 per equity share of face value Re 1, for the financial year ending 31 March 2026, with a record date of 4 February 2026 and mandated that all dividend payments be made only through electronic modes, underscoring a shift toward fully digital payouts and requiring shareholders to update KYC and bank mandates. In addition, the board approved the request of Algavista Greentech Private Limited to be reclassified from the promoter group to the public shareholder category, subject to stock exchange no-objection, a move that could marginally alter the company’s shareholding structure and promoter group composition while aligning with SEBI’s reclassification framework.

More about Carborundum Universal Limited

Carborundum Universal Limited (CUMI), part of the Murugappa Group, operates in the industrial manufacturing sector with a focus likely on abrasives, ceramics, and related materials and engineering solutions serving domestic and international markets. The company is listed on both BSE and NSE and adheres to SEBI’s listing and disclosure regulations in India, publishing detailed standalone and consolidated financial results for investors and other stakeholders.

Average Trading Volume: 22,490

Technical Sentiment Signal: Hold

Current Market Cap: 156.4B INR

Find detailed analytics on CARBORUNIV stock on TipRanks’ Stock Analysis page.

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