Board approves 700% interim dividend, Rs. 7.00 per equity share
Board approves interim dividend of 700% for FY 2026-27.
By ScoutQuest · · 1 min read
- Interim Dividend
- 700% for FY 2026-27
- Dividend Per Share
- Rs. 7.00 per equity share of Re. 1/- face value
- Record Date / Payment Date
- Record date November 11, 2026; payment on or before November 20, 2026
What the board approved
- An interim dividend of 700% for the financial year 2026-27.
- On a share of Re. 1/- face value, that equals Rs. 7.00 per equity share.
- This was approved by the Board of Directors at its meeting held on November 4, 2026.
Key dates for shareholders
- Record date: November 11, 2026. This is the cut-off date used to decide which shareholders are entitled to the dividend.
- Payment: on or before November 20, 2026.
How to read the 700% figure
Dividend percentages in India are quoted on the face value of the share, not on its market price. Since the face value here is Re. 1/-, a 700% dividend translates to Rs. 7.00 per share. If you hold a certain number of shares, your dividend is that number multiplied by Rs. 7.00, subject to tax deducted at source as applicable.
Board meeting details
The meeting began at 4:15 p.m. and concluded at 6:00 p.m. on November 4, 2026, and the dividend declaration was part of the business transacted.
What to keep in mind
- The record date decides eligibility, so shares must be held in your demat account on that date to receive the payout.
- Payment is scheduled on or before November 20, 2026.
- The intimation was shared with both the National Stock Exchange and BSE.
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More numbers
- Interim dividend rate700%
- Dividend per equity shareRs. 7.00
- Face value per equity shareRe. 1/-
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