ESAB offers a complete line of welding and cutting products and solutions. Explore our equipment offering with ease based on product line and industry.
ESAB is a world leader in welding and cutting equipment and consumables. Explore our complete line of welding & cutting products for virtually every application.
ESAB University Courses are incremental, structured learning modules designed to help you take your skills to the next level. New courses are being added regularly, so please check back often. Click the link to see current courses offered.
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Tips from ESAB Experts to help take your welding, cutting and fabrication skills to the next level.
ESAB University videos are curated with tips and best practices from top fabricators around the world. Learn new techniques or improve your current skills with ESAB University videos.
ESAB Courses are structured learning designed to help welders achieve certain learning milestones and explore topics more in-depth. Check back often for updated resources.
Enhance your knowledge of welding, cutting, and fabrication with free and accessible webinars on a variety of topics, including welding best practices, tips for using ESAB products, new product launches, and more, presented by trusted ESAB experts.
ESAB is a world leader in welding and cutting equipment and consumables. We offer a complete line of fabrication solutions for virtually every application.
ESAB Newsroom - Stay up to date with the latest news from ESAB. View press releases, product announcements, corporate news, and more here.
ESAB EHS (Environment, Health & Safety) initiatives are monitored with the highest degree of importance and commitment to safety is ingrained in our culture.
The history of ESAB is the History of Welding. Go here to view an interactive look at ESAB's history in shaping the future of innovation in welding, cutting, and fabrication.
ESAB is recognised for its adherence to the best industry practices and commitment to its employees and customers. Explore our list of prestigious awards that we have been honoured with!
View available job openings and more on the ESAB Careers page.
ESAB offers a wealth of product support resources, including a range of technical and service publications, from Safety Data Sheets and downloadable product manuals to product certifications.
Visit ESAB's global manual search engine to access the items below and more.
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The Board of Directors (the “Board”) of ESAB India Limited (the “Company”) has adopted the following policy and procedures (“Policy”) with regard to Distribution of Dividend.
The Policy is in conformance with the requirements of Regulation 43A of the SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2016 (SEBI LODR Regulations). The Company is required to disclose the Policy on distribution of dividend, each year in its annual report as well as in its website.
The purpose of this policy is to facilitate the process of dividend recommendation or declaration and its pay-out by the Company which would ensure a regular dividend income for the shareholders and long term capital appreciation for all stakeholders of the Company.
Dividend is the payment made by a Company to its shareholders, usually in the form of distribution of its profits. The profits earned by the Company can either be retained in business or used for acquisitions, expansion or diversification, or it can be distributed to the shareholders. The Company may choose to retain a part of its profits and distribute the balance among its shareholders as dividend.
The Company would ensure to strike the right balance between the quantum of dividend paid and amount of profits retained in the business. The Board will refer to the Policy while declaring / recommending dividends on behalf of the Company.
This Policy has been adopted by the Board of the Company at its meeting held on 6 February, 2020. The policy shall also be displayed in the Annual Report and also on the website of the Company.
Companies will follow dividend policy where dividends are considered only if earnings are greater than what is needed to finance for capital budgeting needs as projected in the annual operating plan for each year.
The Board may declare one or more interim Dividends during the year. Additionally, the Board may recommend Final Dividend for the approval of the shareholders at the Annual General Meeting.
The Dividend for any financial year shall normally be paid :
- Out of the Company’s profits for that year (arrived at after providing for depreciation in accordance with law and transferring such amount to reserves as may be prescribed or as may be considered appropriate by the Board of Directors of the Company); and / or
- Out of the accumulated profits of any previous financial year(s) in accordance with the provisions of the Act and Regulations, as applicable.
The Company has currently issued only the equity shares.
The Board will take into consideration various parameters as mentioned below before arriving at a decision on declaration of dividend.
The Company is consistently rewarding its shareholders with continuous dividend pay-out over the last several years and will continue to maintain the same, subject to other constrains as enumerated in this policy.
The Company shall maintain the retained earnings sufficient to address the financing of working capital, capital expenditure, other corporate actions, generating higher returns for shareholders through reinvestment of profits for future growth and expansion and other such specific purposes duly approved by the Board of Directors. The Company shall endeavor to utilize the retained earnings in a manner that shall be beneficial to both, the interests of the Company and its stakeholders.
In the event of a conflict between this policy and the existing statutory regulations, the statutory regulations will prevail.
The Board of Directors of the Company may subject to applicable laws amend, suspend or rescind this Policy at any time. Any difficulties or ambiguities in this Policy will be resolved by the Board of Directors / Administrative Committee, in line with the broad intent of this Policy.
The Dividend Distribution Policy of the Company shall be disclosed in the Annual Report of the Company and placed on the Company’s website www.esabindia.com
The Policy shall not be construed as a solicitation for investments in the Company’s securities and shall neither act as an assurance of guaranteed returns (in any form), on investments in the Company’s securities.