JINDALSAWNSEJindal Saw Limited· Steel And Steel ProductsMediumPositive
Announced Mon, 27 Apr · 17:51 IST

Jindal Saw Limited has informed the Exchange that Board of Directors at its meeting held on April 27, 2026, recommended Final Dividend of Rs. 2 per equity share.

Corporate Actions View source PDF

JINDALSAW · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.5%1-day move
₹245.50
prior close
₹231.00
base price
After-mkt
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+0.8+2.2+2.4+4.1-6.5-8.6-5.6-4.9-1.2-0.8-10.6-1.3+6.3
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AI summary

Jindal Saw Limited's Board of Directors, in its meeting held on April 27, 2026, recommended a final dividend of Rs. 2 per equity share with a face value of Re. 1 each for the financial year ended March 31, 2026. The dividend recommendation is subject to approval by shareholders at the ensuing general meeting. The board meeting was conducted from 02:00 p.m. to 05:40 p.m. This represents a 200% dividend payout on the face value of shares.

Likely market impact

The dividend recommendation indicates a return of capital to shareholders. However, without knowing the current market price, the dividend yield cannot be assessed. The actual payout depends on shareholder approval at the AGM.