Announced Sat, 28 Mar · 18:14 IST

Record Date fixed for Interim Dividend

Corporate Actions View source PDF

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₹90.25
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AI summary

Unifinz Capital India Ltd's board, meeting on March 28, 2026, approved an interim dividend of 5% (Rs. 0.50 per share) on equity shares with a face value of Rs. 10. The record date for eligibility has been fixed as Monday, April 6, 2026, and the dividend will be paid within the timeline prescribed under the Companies Act, 2013. Separately, the board also approved the issuance of non-convertible debentures (NCDs) up to Rs. 315 crore on a private placement basis, in one or more tranches, superseding an earlier resolution dated February 5, 2026. The terms of the NCD issue (tenure, coupon, security, listing) are yet to be determined for each tranche.

Likely market impact

The Rs. 0.50 interim dividend signals a return of capital to shareholders, though the yield on market price is not disclosed. The NCD issuance of up to Rs. 315 crore will increase the company's borrowings, which may raise interest costs but also supports business expansion of this capital-market-focused NBFC.