Maithan Alloys Limited has informed the Exchange that Record date for the purpose of Dividend is 22-May-2026.
MAITHANALL · price
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Maithan Alloys Limited's Board declared an Interim Dividend of Rs. 11 per equity share (110% on Rs. 10 face value) for FY 2025-26, with record date fixed as 22nd May 2026 and payment to begin from 29th May 2026. The Board also recommended a Final Dividend of Rs. 6 per equity share (60%) for the same financial year, subject to shareholder approval at the ensuing AGM. Combined, this amounts to Rs. 17 per share in total dividends, representing a 170% total payout ratio on face value.
The dual dividend declaration signals strong cash flows and financial health. The Rs. 17 per share total dividend is substantial and positive for shareholders, though the actual dividend yield depends on the current market price.