Board approves First Interim Dividend 2026-27 of ₹ 5 per equity share

Board of Directors approved the First Interim Dividend 2026-27.

Thu 8 Oct 2026

Dividend per share

₹ 5/- per equity share, on face value of ₹ 1/- per equity share

Total dividend payout

c.₹ 1,955 Crores

Record date

Wednesday, October 14, 2026

Dividend approved

• The Board of Directors approved the First Interim Dividend 2026-27.
• Rate: ₹ 5/- per equity share, on a face value of ₹ 1/- per equity share.
• Aggregate amount: c.₹ 1,955 Crores.
• The approval was accorded at 01:00 PM IST on October 08, 2026.

What an interim dividend is

An interim dividend is a payout a company declares during the financial year, before the year-end results are finalised, as against a final dividend declared at the close of the year. It is a cash return to shareholders out of the company's profits.

Key dates to note

• Record date: Wednesday, October 14, 2026. This is the cut-off date used to decide who is entitled to the dividend.
• The interim dividend will be paid within the stipulated timelines prescribed under law.

How entitlement works

• If your name appears as a holder of the company's equity shares on the record date, you are entitled to the dividend.
• Shares bought and delivered only after the record date would not carry this dividend entitlement.
• The dividend is declared per share, so the amount credited depends on the number of shares held.

What the numbers say

• Per share payout: ₹ 5/-.
• Face value of each share: ₹ 1/-.
• Total outgo for the company: c.₹ 1,955 Crores.

Reading this announcement

• A dividend announcement is generally seen as a routine cash return to shareholders.
• The board action here is an approval of an interim dividend for the financial year 2026-27, along with the record date for payment.
• This communication follows the company's earlier intimation of the record date for the purpose of payment of dividend.

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