The Board of Directors at its Meeting held today has recommended Dividend.

Corporate Actions View source PDF Explain this filing

JSWSTEEL · price

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Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹1298.50

prior close

₹1314.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.3%-1.2% vs market

Iron & Steel peers, median of 10sector-2.5%+1.0% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty 100 and 1.0 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.1

10m

-1.3

15m

-1.6

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-0.3-1.2-2.5+1.0

Next day

-0.7-0.5-0.2-3.2+2.4

-1.1-0.5-0.6-1.8+0.6

-1.5-0.3-1.3-1.2-0.4

-1.4-0.2-1.1-1.7+0.4

-0.8+0.1-0.9-2.4+1.6

-0.4+1.0-1.4-2.3+2.0

15d

-3.1-2.2-0.9-7.8+4.7

-0.1+1.0-1.1-6.6+6.5

-5.5+1.9-7.4-12.7+7.2

-1.6+3.3-4.9-9.4+7.8

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.