Mishra Dhatu Nigam Limited has informed the Exchange that Board of Directors at its meeting held on March 13, 2026, declared Interim Dividend of Rs. 0.85 per equity share.
MIDHANI · price
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Mishra Dhatu Nigam Limited (MIDHANI), a Government of India defence sector enterprise, has declared an interim dividend of Rs. 0.85 per equity share (8.50%) on the face value of Rs. 10 for the financial year 2025-26. The decision was taken at the Board of Directors meeting held on March 13, 2026. The record date for determining shareholder entitlement to the dividend has been fixed as Thursday, March 19, 2026. TDS guidelines related to the dividend will be made available on the company's website. This is the company's interim dividend declaration, which typically precedes the final dividend to be announced with annual results.
Shareholders holding shares as of the record date (March 19, 2026) will be entitled to the dividend, providing a modest income return. The stock may see mild positive sentiment around the ex-date, though the dividend quantum is relatively small in absolute terms.