Announced Wed, 6 May · 18:11 IST

Corporate Action- Fixes Record date

Corporate Actions View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+8.8%1-day move
₹225.25
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+8.8+3.7-0.1-5.2-4.6-10.8-0.6-3.3+0.4
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AI summary

The Board of Directors has recommended a Final Dividend of 16% (Rs. 1.60 per equity share of face value Rs. 10) for Financial Year 2025-26. The dividend is subject to shareholders' approval at the upcoming Annual General Meeting. The company has fixed June 03, 2026 as the Record Date for determining shareholder entitlement to this dividend. The board meeting lasted one hour, from 4:00 PM to 5:00 PM on May 06, 2026.

Likely market impact

Shareholders who are on the register as of June 03, 2026 will be eligible to receive Rs. 1.60 per share if the dividend is approved at the AGM. This is a routine income event for shareholders, though the actual yield depends on the prevailing market price of the stock.