Intimation of Record Date pertaining to declaration of Interim Dividend for Financial year 2025-2026
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SNL Bearings Ltd has declared an interim dividend of Rs. 15 per equity share, which is 150% of the face value of Rs. 10 each, for financial year 2025-26. The record date (cut-off date) for determining shareholder entitlement is May 8, 2026. The company has clarified that there will be no recommendation for a final dividend for FY 2025-26. Dividend payments will be made electronically via NEFT/RTGS/direct credit within 30 days of declaration, subject to TDS as per Income Tax Act provisions.
The declaration of a substantial interim dividend signals the company's financial health and benefits existing shareholders. The record date of May 8, 2026, serves as the eligibility cutoff for receiving the dividend.