The Record date for the payment of dividend for FY 2025-26 is 4th September 2026
NIACL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The New India Assurance Company held its Board meeting on May 11, 2026 and approved the audited financial results for FY 2025-26. The company reported profit after tax of Rs 1,26,145 lakhs for the year ended March 31, 2026. The Board recommended a final dividend of Rs 1.50 per equity share of face value Rs 5 each, which is a reduction from Rs 1.80 per share paid in the previous year. The dividend is subject to shareholder approval at the ensuing Annual General Meeting. The record date for dividend payment has been fixed as September 4, 2026. The auditors issued a qualified opinion due to pending reconciliation of reinsurance balances, inter-office accounts, and unadjusted banking transactions.
The dividend has been cut by 17% from Rs 1.80 to Rs 1.50 per share, which may signal caution to investors. The qualified audit opinion on reconciliation issues adds some risk concerns for shareholders.