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Rajoo Engineers Declares 15% Dividend, Sets Record Date for September 19

By Shishta Dutta | Published at: Sep 2, 2025 03:26 PM IST

Rajoo Engineers Declares 15% Dividend, Sets Record Date for September 19
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Mumbai, 2 September 2025: Rajoo Engineers has announced that it has declared a dividend of ₹0.15 per share at a face value of ₹1. The dividend amount is at a dividend rate of 15% for the financial year 2024-2025. The company has set the record date as September 19, 2025, and the dividend payout is expected to be approved at the upcoming 38th AGM.

Rajoo Engineers Limited is an Indian company that manufactures and sells plastic extrusion machinery. The company was established in 1986 and is headquartered in Rajkot, Gujarat, India. Its ticker symbol on NSE is RAJOOENG and the BSE code is 522257.

Shares Marginally Slip 0.01% to ₹100.89 Amid Narrow Trading Range

As of 2:11 PM, Rajoo Engineers’ share price was marginally down by 0.01%, or 0.01 points and is trading at ₹100.89. Until now, the shares have traded within a narrow range of ₹103.14-₹100.55. The total volume is at 3.77 lakh shares, and the company’s current market capitalisation stands at ₹1,803 crore.

₹180 Crore QIP and NBIO Acquisition Propel Growth Plans

The dividend payout announcement comes 1 month after the company launched a ₹180 crore QIP with a floor price of ₹114.42 to fund the company’s expansion plans. The QIP began on July 15 and closed on July 21. Furthermore, Rajoo Engineers recently signed a non-binding Indicative Offer (NBIO) to acquire a company that is engaged in the manufacturing of industrial machines.

W͏͏it͏h ͏a 1͏5%͏ div͏idend declaration, on͏go͏in͏g ͏₹1͏80 crore Q͏IP ͏͏fund͏ing,͏ an͏d an NBIO a͏cquisition un͏͏derway͏, Raj͏oo Engineer͏s d͏͏e͏m͏onstrates a͏ strong g͏rowth͏ traje͏ctory ͏while maintain͏in͏g s͏tab͏le ͏m͏arket ͏͏pe͏rfo͏rmance, of͏fering i͏nvestors bo͏th st͏eady retu͏rn͏s and str͏a͏teg͏͏i͏c expansion ͏opportuniti͏͏es in the i͏n͏dus͏trial machine͏ry s͏ector.͏

REF: https://nsearchives.nseindia.com/corporate/RAJOO_02092025131510_Intimation_of_record_date_for_dividend.pdf

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