The Board of Directors at its Meeting held today has recommended Dividend.
JSWSTEEL · price
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JSW Steel's Board recommended a final dividend of Rs. 7.10 per equity share (face value Re. 1), representing a 710% payout for FY2026. The dividend is subject to shareholder approval at the 32nd AGM scheduled for 24th July 2026. The record date for dividend eligibility is 7th July 2026, with book closure from 8th to 10th July 2026. The meeting also approved re-appointment of Independent Director Ms. Fiona Jane Mary Paulus for a second term and a Qualified Institutions Placement of up to Rs. 7,000 crores.
The recommended dividend of Rs. 7.10 per share signals healthy cash generation and a shareholder-friendly stance. Investors holding shares as of 7th July 2026 record date will be eligible for the payout.