PDPDS538730Dividend news update

Interim dividend of ₹2.20/- per share declared; record date November 11, 2026

Board declared an interim dividend of ₹2.20/- per equity share (face value ₹2/-) for FY 2026-27.

By ScoutQuest · Wed 4 Nov 2026, 7:13 PM IST · 2 min read

Interim Dividend Per Share

₹2.20/- per equity share

Face Value

₹2/-

Record Date

Wednesday, November 11, 2026

Dividend at a glance

• The Board declared an interim dividend of ₹2.20/- per equity share of face value ₹2/- each for the financial year 2026-27.
• The record date for deciding who is entitled to the dividend is Wednesday, November 11, 2026. Shareholders whose names appear on the register on that date are the ones considered for the payout.
• An interim dividend is a payout declared part-way through the year, before the full-year accounts are finalised. The Board also noted that a QR code and web-link to the financial results will be published in newspapers.

What else the Board approved

• The unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
• These results carry a limited review report from the statutory auditors, Walker Chandiok & Co LLP. A limited review is a check of interim numbers; it is narrower in scope than a full audit and is not an audit opinion.

What the auditor's review says

• The auditor states that nothing came to their attention that causes them to believe the statements contain any material misstatement or have failed to disclose information required under the listing regulations.
• In the consolidated review, the auditor relies on the review reports of other auditors for a set of subsidiaries, associates and joint ventures, and on results furnished by the holding company's management for certain other entities, which the update states are not material to the Group. The auditor's conclusion is not modified for these matters.

Board change

• Mr. BG Srinivas (DIN: 00517585) resigned as a Non-Executive Independent Director with effect from the close of business hours on November 4, 2026, due to other pre-occupations and personal commitments.
• He also ceases to be a member of the Audit Committee.
• The update states he confirmed there are no other material reasons for his resignation beyond those stated in his resignation letter.

What shareholders may take away

• The dividend announcement gives a fixed per-share payout amount and a clear record date, so eligibility depends on holding the shares on November 11, 2026.
• The results were approved along with a review report that flags no material misstatement, while the resignation of an independent director and audit committee member is a governance item shareholders may note.

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