Banco Products (I) Limited has informed the Exchange that the Board of Directors at its meeting held on 13th March, 2026 has declared a second interim dividend of Rs. 8/- (400%) per equity share of Rs. 2/- each for the Financial Year 2025-26. Accordingly, the Board has fixed Thursday, 19th March, 2026 as the record date for determining entitlement of members for the purpose of payment of second interim dividend. The Payment of dividend will be made on or after Wednesday, 25th March, 2026.
BANCOINDIA · price
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Banco Products (India) Limited's Board of Directors, at a meeting held on 13th March 2026, declared a Second Interim Dividend of Rs. 8 per equity share (400%) on shares with a face value of Rs. 2 each for the financial year 2025-26. The Board has fixed Thursday, 19th March 2026 as the record date to determine which shareholders are eligible to receive the dividend. Dividend payment will be made on or after Wednesday, 25th March 2026. This is the second interim dividend declared during the current financial year, suggesting the company is sharing its profits consistently with shareholders.
Shareholders holding the stock as of the record date (19th March 2026) will be entitled to receive Rs. 8 per share as dividend, which is a significant payout. This declaration reflects strong profitability and a shareholder-friendly approach, which may support positive sentiment around the stock in the near term.