Following the resolution voted at the Shareholders’ General Meeting on March 20, ARGAN specifies that the option for the scrip dividend was chosen by its shareholders at a rate of 22.02%.

Swaraj Engines has reported 29.1% rise in net profit to Rs 45.42 crore on a 29.4% increase in revenue from operations to Rs 454.16 crore in Q4 FY25 as compared with Q4 FY24.

On a longer time frame of two and five years, the scrip has given multibagger returns to the tune of 380% and 1,900%, respectively. Read all market-related news here Disclaimer: This story is for ...