IRBNSEIRB Infrastructure Developers Limited· ConstructionHighPositive
Announced Fri, 13 Feb · 16:38 IST

IRB Infrastructure Developers Limited has informed the Exchange that Record date for the purpose of 3rd Interinm Dividend for FY 2025-26 is 19-Feb-2026.

Corporate Actions View source PDF

IRB · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

IRB Infrastructure reported Q3FY26 results with net profit before exceptional items rising 14% year-on-year to Rs. 253 crore; total income stood at Rs. 1,912 crore versus Rs. 2,090 crore in the year-ago quarter. The Board has approved a 1:1 bonus issue (one new equity share for every one held), subject to shareholder approval through postal ballot, along with a proposal to double authorised share capital to Rs. 1,260 crore. The Board also declared a 3rd interim dividend of 7% (Re. 0.07 per share on Re. 1 face value) for FY26, taking the cumulative nine-month dividend to 21%, with the record date set as February 19, 2026 and payment by March 14, 2026. The company additionally bagged two TOT bundles worth around Rs. 14,000 crore, monetised three BOT assets unlocking Rs. 4,900 crore of equity, and approved a related-party project management contract for the TOT-18 project valued up to Rs. 1,581.83 crore.

Likely market impact

Strong shareholder rewards in a single announcement — the 1:1 bonus will double the share count (likely improving liquidity but diluting EPS proportionally) while the 21% cumulative dividend for 9MFY26 provides regular income; combined with robust order wins and InvIT monetisation, this is a positive signal for long-term investors, though near-term EPS will reflect dilution from the bonus.