Q2 FY27 results approved, Rs. 5 interim dividend declared; MUFG Intime continues as RTA
Board approved unaudited Q2/H1 FY27 results and an interim dividend of Rs. 5/- per share (50% of Rs. 10/- face value).
By ScoutQuest · · 3 min read
- Interim Dividend
- Rs. 5/- per share (50% of Rs. 10/- face value)
- Record Date
- November 06, 2026
- Dividend Payment By
- November 20, 2026
The board of directors met on October 30, 2026 and approved three items: the unaudited financial results for the quarter and half year ended September 30, 2026, an interim dividend, and a decision to stay with its existing registrar.
Results approved
- The board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
- The statutory auditors, Deloitte Haskins & Sells LLP, issued a Limited Review Report on the consolidated results. This is a review, which is narrower in scope than a full audit.
Dividend declared
- An interim dividend of Rs. 5/- per equity share, equal to 50% of the face value of Rs. 10/- each, for the financial year 2026-27.
- The record date to decide who is eligible is Friday, November 06, 2026 — shareholders on record that day receive it.
- The dividend will be paid on or before November 20, 2026.
Registrar (RTA) update
- The company had earlier proposed a change in its Registrar to an Issue and Share Transfer Agent.
- The board has now approved continuing with the existing registrar, MUFG Intime India Private Limited, citing recent improvement in its service standards and the need for continuity in shareholder servicing.
- The proposed change will therefore not be carried out, and the earlier intimation dated May 04, 2026 stands superseded.
What the auditor's report says
- The review report carries a qualified conclusion, meaning the auditor has flagged one unresolved matter affecting the reported numbers.
- Certain tax deductions claimed by the company were disallowed by the Income Tax Authority. The company has challenged this in a judicial forum and, supported by external legal and tax opinions, believes it is probable the deductions will be accepted on final resolution.
- In January 2024 another regulatory authority made observations on the applicability of these deductions; the company has taken this into account and maintained its view.
- Because the outcome is still uncertain, the auditor states it is unable to comment on whether any adjustments are necessary.
- The auditor notes the same matter was also qualified in the reports for the quarter ended June 30, 2026, the quarter and half year ended September 30, 2025 and the year ended March 31, 2026.
- There is also an emphasis of matter drawing attention to demands received in respect of provident fund, and the contingency related to the pending litigation on that matter. The auditor's conclusion is not modified on this account.
In simple terms
- The dividend is a direct cash return to eligible shareholders, with a clear record date and payment timeline.
- Continuing with the same registrar is an administrative decision aimed at uninterrupted servicing of shareholders.
- The qualified conclusion and emphasis of matter are disclosures a reader should be aware of when weighing the results; they relate to tax positions and provident fund demands that are still subject to resolution, and the company has stated its own view on the likely outcome.
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More numbers
- Interim dividend per equity shareRs. 5/-
- Dividend as percentage of face value50%
- Face value per equity shareRs. 10/-
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