IGI declares second interim dividend of Rs 2.50 per share, to change name

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AI summary

Board of International Gemological Institute (India) Limited declared a second interim dividend of Rs 2.50 per share (125 percent on face value of Rs 2) for FY25-26. Record date is February 17, 2026, payment on or before March 13, 2026. The board also approved changing the company name to International Gemological Institute Limited (correcting spelling from Gemmological to Gemological) and altering the MOA and AOA, subject to shareholder approval via postal ballot.

Likely market impact

Shareholders on record by Feb 17, 2026 will receive Rs 2.50 per share. Name change is largely cosmetic, pending postal ballot approval.