Century Enka Recommends ₹11 Dividend; Shares Jump 20% 

Mumbai, May 21: Century Enka Ltd recommended a final dividend of ₹11 per equity share of face value ₹10 each for the financial year ended March 31, 2026, according to an exchange filing. 

The company stated that the dividend recommendation was approved by the Board of Directors during its meeting held on Thursday. 

According to the disclosure, the proposed dividend represents 110% on the face value of the equity shares. The recommendation remains subject to shareholder approval at the upcoming annual general meeting. 

The filing also noted that the board approved the audited financial results for the quarter and financial year ended March 31, 2026, along with auditors’ reports carrying an unmodified opinion. 

Stock Market Snapshot 

Century Enka shares witnessed sharp buying interest after the dividend declaration and financial results announcement. As of 3:26 pm IST on May 21, 2026, the stock traded at ₹540.10, higher by 20.00% from the previous close, according to exchange data. 

The Century Enka share price surged during late trade and touched a fresh 52-week high of ₹540.10 during the session. 

The stock opened at ₹451.60 and remained largely range-bound for most of the trading session before witnessing a strong upward move after the disclosure. 

Market participants tracked the dividend payout announcement alongside the company’s audited annual financial performance. 

Company Operates In Synthetic Yarn Segment 

Century Enka operates in the synthetic yarn and tyre cord fabric segment with manufacturing operations focused on nylon and polyester products. 

The company caters to automotive, industrial and textile sector demand through its tyre yarn, tyre fabric and synthetic filament product portfolio. 

According to the filing, the auditors issued an unmodified opinion on both standalone and consolidated financial statements for FY26. 

Dividend Announcement Boosts Investor Sentiment 

The dividend recommendation appeared to support investor sentiment amid broader interest in companies announcing shareholder payouts alongside annual earnings. 

Century Enka’s proposed dividend of ₹11 per share compares with ₹10 per share declared in the previous financial year, according to the notes accompanying the financial results. 

Further details regarding record date and dividend payment timelines are expected to be disclosed separately in accordance with listing regulations. 

Source: 

• https://www.nseindia.com/get-quote/equity/CENTENKA/Century-Enka-Limited 
• https://nsearchives.nseindia.com/corporate/CENTURYENKA_21052026150752_Financial_Result_31032026_serchable_signed.pdf