Mazagon Dock declares 2nd interim dividend of Rs 7.5 per share for FY26

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On the reaction day the stock moved in line with Nifty 100 and 0.2 pts more than its Industrial Manufacturing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mazagon Dock Board on 5 Feb 2026 declared a 2nd interim dividend of Rs 7.5 per equity share (face value Rs 5) for FY 2025-26. Record date is fixed as 13 Feb 2026 and payment will be made to eligible shareholders on or before 7 March 2026. The filing mainly details TDS rules: 10 percent TDS for residents with valid PAN, 20 percent if PAN is invalid or not linked to Aadhaar, and no TDS if total dividend for the year does not exceed Rs 10,000. Shareholders must submit required documents to the RTA by 13 Feb 2026.

Likely market impact

Shareholders on record date 13 Feb 2026 will receive the dividend; submit PAN and TDS documents to the RTA on time to avoid higher tax deduction.