Board meeting on 15 October 2026 to consider declaration of interim dividend

Board meeting scheduled for Thursday, 15 October 2026.

Mon 12 Oct 2026

Board Meeting Date

Thursday, 15 October 2026

Agenda

to consider and approve the declaration of an interim dividend

Update Reference

Regulation 29(1)(a) of the SEBI (LODR) Regulations, 2015

Board meeting on 15 October 2026

• Garuda Construction and Engineering Limited has informed BSE and NSE that a meeting of its Board of Directors is scheduled to be held on Thursday, 15 October 2026.
• The business listed in the notice: to consider and approve the declaration of an interim dividend.
• The intimation was shared under Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires a listed company to give advance notice of a board meeting at which specified matters, including a dividend, are to be considered.

What an interim dividend is

• An interim dividend is a dividend declared by the Board during the financial year, ahead of the annual results and the final dividend.
• It is a payment to shareholders out of the company's profits, decided by the Board at its meeting.
• Because it is decided during the year, it is usually the first dividend a shareholder hears about for that period.

What the wording tells us

• The notice says the Board will 'consider and approve the declaration' of an interim dividend. That means the decision is on the agenda for 15 October 2026 and is not yet taken.
• The actual outcome, including whether a dividend is declared and the amount per share, would follow from the Board's decision at that meeting.

What to watch for next

• The outcome of the meeting, expected around 15 October 2026, which would state whether an interim dividend was declared and, if so, the amount per share.
• A record date or book closure, which fixes which shareholders are eligible for the dividend.
• The date by which the dividend, if declared, would be paid.

Quick read for a retail investor: this is a notice of a Board meeting, not the dividend decision itself. It flags that the company's Board is meeting in a few days with a shareholder payout on the agenda.

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