REREC532955Dividend news update

Board declares 2nd interim dividend of ₹3.50 per share; record date October 30, 2026

2nd interim dividend for FY 2026-27: record date Friday, October 30, 2026.

By ScoutQuest · Mon 26 Oct 2026, 4:45 PM IST · 2 min read

Dividend per Share

₹3.50 per equity share of ₹10 each (2nd interim dividend, FY 2026-27)

Record Date

Friday, October 30, 2026; payment on or before November 21, 2026

Standalone Net Profit

₹3,391.18 crore for the quarter; ₹7,540.64 crore for the half year; basic EPS ₹12.88

Dividend terms

• The Board declared the 2nd Interim Dividend for the financial year 2026-27 at ₹3.50/- per equity share of face value ₹10/- each.
• Record date: Friday, October 30, 2026.
• Payment: on or before November 21, 2026.
• Who qualifies: holders of shares in electronic form as per depository statements at the close of business on October 30, 2026, and holders of physical shares as per the register of members on that date.

Why the record date matters

The record date is the cut-off used to decide who receives this dividend. Shareholders on the register on that date receive the payout on or before November 21, 2026; those who are not holders on record on that date do not.

Tax on the dividend

• Dividend income is taxable in the shareholders' hands, and the company will deduct tax at source at the rates prescribed under the Income Tax Act, 2025.
• A shareholder wanting tax deducted at a lower rate, or not deducted, must submit PAN and the requisite forms for the financial year 2026-27 on or before November 1, 2026, through the email ids and weblink given in the update, unless already submitted.
• No communication on tax determination or lower deduction will be entertained after November 1, 2026.

How the money will come

• Dividend is paid only through electronic mode; the facility of payment by cheque or warrant has been discontinued.
• Demat holders need to register or update bank details with their depository participant.
• Physical shareholders need to register or update KYC and bank account details with the company's registrar and transfer agent.

Results approved at the same meeting

• Unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026 were reviewed by the Audit Committee and approved by the Board on October 26, 2026, and have been subjected to Limited Review by M/s. G.S. Mathur & Co. and M/s. S.K. Mehta & Co., the statutory auditors.
• Standalone total income for the quarter: ₹14,736.77 crore.
• Standalone profit before tax for the quarter: ₹4,273.95 crore.
• Standalone net profit: ₹3,391.18 crore for the quarter and ₹7,540.64 crore for the half year.
• Basic earnings per share for the quarter: ₹12.88 (not annualised for the six months).
• In the same quarter a year earlier, standalone net profit was ₹4,425.86 crore.

Points a shareholder may want to note

• The dividend amount is fixed at ₹3.50 per share, so the payout per share does not depend on the market price.
• Two dates matter for the money: October 30, 2026 to be on record, and November 21, 2026 for the payment.
• Shareholders seeking a lower or nil tax deduction should act on the PAN and forms submission before November 1, 2026.
• The results are interim (quarter and half year) figures, reviewed but not audited.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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