Banco Products (I) Limited has informed the Exchange that Record date for the purpose of Second Dividend is 19-Mar-2026.

BANCOINDIA · price

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Price reaction · full curve 14 horizons · vs prior close

-1.4%1-day move

₹574.15

prior close

₹539.95

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.1+0.2+0.1+0.1-1.4+0.8+0.1-3.7-3.5-3.9+0.3+0.8+4.0+19.4

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AI summary

Banco Products (India) Limited's Board, at its meeting on 13th March 2026, declared a Second Interim Dividend of Rs. 8 per equity share (400%) on the face value of Rs. 2 each for FY 2025-26. The record date to determine eligible shareholders is fixed as Thursday, 19th March 2026. Dividend payment will be made on or after Wednesday, 25th March 2026. The board meeting lasted from 11:30 AM to 12:30 PM.

Likely market impact

Shareholders holding Banco Products shares as of the record date (19th March 2026) will be entitled to the Rs. 8 per share dividend. This is a meaningful dividend payout that should support short-term investor sentiment, though the stock may trade ex-dividend around the record date.