Board approves 700% interim dividend; record date November 11, 2026
The board has approved an interim dividend of 700% for FY 2026-27, which works out to Rs. 7.00 per equity share of Re.1/- face value.
By ScoutQuest · · 1 min read
- Interim Dividend
- 700% for FY 2026-27, i.e. Rs. 7.00 per equity share of Re.1/- face value
- Record Date
- November 11, 2026
- Payment Deadline
- on or before November 20, 2026
What was approved
- The board approved an interim dividend of 700% for the financial year 2026-27.
- In rupee terms this is Rs. 7.00 per equity share.
- The face value of each equity share is Re.1/-, so the payout is seven times the face value per share.
Key dates
- Record date for the interim dividend: November 11, 2026.
- Payment to be made on or before November 20, 2026.
The board meeting that cleared the payout was held on November 4, 2026, commencing at 4:15 p.m. and concluding at 6:00 p.m.
What is a record date
The record date is the cut-off date used to identify who is entitled to the dividend. A shareholder whose name appears on the company's register on November 11, 2026 is eligible for the Rs. 7.00 per share payout. The money is credited on or before November 20, 2026 to the bank account linked to the shareholding.
How to read this
A dividend is a cash distribution out of profits, paid per share held. At Rs. 7.00 per share on a face value of Re.1/-, the interim payout for this year is seven times the face value. The announcement itself sets out the amount and the two dates that matter — the record date for eligibility and the payment deadline.
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More numbers
- Interim dividend (percentage of face value)700%
- Interim dividend per equity shareRs. 7.00
- Face value per equity shareRe.1/-
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