Banco Products (I) Limited has informed the Exchange about copies of the newspaper advertisement published in Business Standard (English) and Loksatta Jansatta (Gujarati) on 14th March, 2026, informing the shareholders about the declaration of the Second Interim Dividend and the record date.
BANCOINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Banco Products (India) Limited has declared a second interim dividend of Rs. 8 per equity share (400% on face value of Rs. 2) for FY 2025-26, following a board meeting on March 13, 2026. The company has fixed Thursday, March 19, 2026, as the record date to determine shareholders eligible to receive the dividend. Payment of the dividend will be made on or after Wednesday, March 25, 2026. The company published this notice in Business Standard (English) and Loksatta Jansatta (Gujarati) on March 14, 2026, and has emailed shareholders regarding the process and documents required for claiming tax exemption or withholding tax on the dividend.
Positive for shareholders — a 400% interim dividend signals strong profitability and good cash returns. Investors need to hold shares by the March 19, 2026 record date to be eligible for the Rs. 8 per share payout, which may provide short-term support to the stock price.