Coromandel International Limited has informed the Exchange that Board of Directors at its meeting held on January 29, 2026, declared Interim Dividend of 9 per equity share.
COROMANDEL · price
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The Board of Directors of Coromandel International Limited, at its meeting held on January 29, 2026, approved an interim dividend of ₹9 per equity share. This dividend will be paid to shareholders who hold shares on the record date, which is typically announced separately by the company. Coromandel is a leading Indian fertilizer and agri-inputs company, and this interim dividend reflects the company's strong cash generation and shareholder-friendly capital allocation. The payout comes ahead of the company's full-year results and represents a partial distribution of profits for the current financial year.
Positive for shareholders — interim dividends reward existing investors and signal management's confidence in earnings and cash flows. The stock may see mild short-term support, with typical price adjustment around the ex-dividend date.