Shriram Finance Limited has informed the Exchange that Board of Directors at its meeting held on April 24, 2026, recommended Final Dividend of Rs. 6 per equity share.(300%)
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The Board has recommended a final dividend of Rs. 6 per equity share (300% on Rs. 2 face value) for FY 2025-26, taking the total dividend for the year to Rs. 10.80 per share (540%), which includes the interim dividend of Rs. 4.80 per share paid in November 2025. The final dividend is subject to shareholder approval at the 47th AGM on July 10, 2026, with the record date fixed as July 3, 2026. The Board also approved the audited FY26 results – standalone profit after tax rose to Rs. 9,998 crores (from Rs. 9,761 crores in FY25) on total income of Rs. 48,178 crores, with basic EPS of Rs. 53.15. Separately, Mr. Parag Sharma was re-appointed as MD & CEO for a further 5 years, and two MUFG Bank nominees joined the Board following MUFG's Rs. 39,618 crore preferential allotment (20% stake) completed on April 8, 2026.
Total FY26 dividend of Rs. 10.80 per share is marginally higher than the previous year's payout, reinforcing consistent shareholder returns despite an expanded share base post the MUFG allotment. Strong earnings, unchanged dividend policy, and the formal MUFG partnership closing are positive signals, though the actual dividend yield remains modest given the current stock price level.