Jindal Stainless Limited has informed the Exchange that Record date for the purpose of Final Dividend is Friday, 22-Aug-2025.
JSL · price
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On the reaction day the stock moved 1.0 pts less than Nifty Midcap 150 and 1.0 pts less than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jindal Stainless Limited has fixed Friday, 22 August 2025 as the record date for determining shareholders eligible for the final dividend for FY 2024-25. The proposed dividend is INR 2 per equity share on a face value of INR 2 each, amounting to a 100% payout on face value. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. Payment will be made within 30 days of the AGM, after deducting applicable tax at source. Shareholders holding shares in either electronic or physical form as on the record date (close of business hours) will be eligible to receive the dividend.
Investors who buy shares on or before 22 August 2025 will be eligible for the final dividend. The announcement itself is a routine procedural step and is unlikely to cause sharp short-term price movement, though it confirms the company's intent to return capital to shareholders for FY25.