Tata Steel Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 4 per equity share.
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Tata Steel Limited's Board of Directors has recommended a final dividend of Rs. 4 per equity share (400% on face value of Rs. 1) for FY2025-26, subject to shareholder approval at the 119th AGM scheduled for July 2, 2026. The record date for determining dividend entitlement is June 12, 2026, with payment starting July 6, 2026. The company reported standalone net profit of Rs. 16,065 crore for FY2026, up 15% from Rs. 13,970 crore in the previous year. Revenue from operations stood at Rs. 1,39,720 crore. Additionally, the Board approved acquisition of a 23% equity stake in TM International Logistics Limited from IQ for Rs. 335 crore, which will increase Tata Steel's holding in TMILL to 74%.
The dividend recommendation signals consistent shareholder returns amid improved profitability. The acquisition of the logistics joint venture stake strengthens the company's integrated operations. However, investors should note regulatory challenges at Tata Steel Netherlands regarding emissions compliance and potential early closure of coke and gas plants.