The Boar approved Rs. 15/- per share ( 150%) as interim dividend for the F.Y. 2025-26
NIRLON · price
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Nirlon Ltd's Board of Directors, at a meeting held on February 10, 2026, approved an interim dividend of Rs. 15.00 per equity share (150% on the face value of Rs. 10) for FY 2025-26, subject to tax deduction at source. The record date for eligibility is fixed as Friday, February 20, 2026, for both dematerialized and physical shareholders. The board meeting lasted just 14 minutes, from 2:01 p.m. to 2:15 p.m. This is a substantial interim payout, indicating strong cash generation during the first nine months of the fiscal year.
Shareholders on the record date (Feb 20, 2026) will receive Rs. 15 per share before TDS, which is a generous payout and generally viewed as a positive signal of the company's financial health and cash position. The stock may see some near-term buying interest from dividend-seeking investors.