Board declares Special Interim Dividend of Rs. 21 per share (420%) for FY 2026-27
Board meeting outcome: the Board of Directors, at its meeting held on 12th October 2026, considered and declared payment of a Special Interim Dividend @420%, that is Rs. 21/- per share, on equity shares of face value Rs. 5/- each.
- Special Interim Dividend Rate
- 420% i.e. Rs. 21/- per share on face value Rs. 5/- each
- Record Date
- Friday, 16th October 2026
- Payment Timeline
- within 30 days from the date of declaration
What the Board decided
The Board of Directors of Hindustan Composites Limited, at its meeting held on 12th October 2026, considered and declared payment of a Special Interim Dividend of 420%, that is Rs. 21/- per share, on equity shares having a face value of Rs. 5/- (Rupees Five only) each, fully paid up, for the financial year 2026-27.
Record date
The record date for determining the shareholders entitled to receive this Special Interim Dividend is Friday, 16th October 2026. The shareholders holding the shares on that date are the ones entitled to the dividend.
Timeline for payment
The Special Interim Dividend will be paid to the eligible shareholders within 30 days from the date of its declaration, in accordance with the applicable provisions of the Companies Act, 2013.
Board meeting timing
The meeting of the Board of Directors commenced at 3.30 p.m. and concluded at 4.00 p.m.
Understanding the two numbers
- The dividend is expressed as a percentage of the face value of the share, which is Rs. 5/-. A rate of 420% on that face value works out to Rs. 21/- per share.
- So Rs. 21/- is the amount declared per equity share, and 420% is the same figure expressed as a percentage of face value. The company has described this payout as a Special Interim Dividend for the financial year 2026-27.
What an interim dividend is
An interim dividend is a payout declared during the financial year, ahead of the year-end results. Here the Board has used the term Special Interim Dividend for the financial year 2026-27.
For a retail shareholder, the three things that matter
- The rate: 420%, that is Rs. 21/- per share, on a face value of Rs. 5/- per share.
- The record date: 16th October 2026 — entitlement is decided by holding the shares on this date.
- The payment window: within 30 days of the declaration.
Also from Hindustan Composites
Board declares Special Interim Dividend of Rs. 21/- per share for FY 2026-27
12 Oct 2026
Board declares Special Interim Dividend of Rs. 21 per share; record date 16th October 2026
12 Oct 2026
Board declares Special Interim Dividend of Rs. 21 per share (420%)
12 Oct 2026
More numbers
- Special Interim Dividend rate420%
- Special Interim Dividend per equity shareRs. 21/- per share
- Face value per equity shareRs. 5/-
- Payment window from date of declaration30 days
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