Axita Cotton Fixes Record Date for Final Dividend of ₹0.05 Per Share for FY26
Axita Cotton Limited has set September 11, 2026, as the record date for its final dividend for FY25-26. Shareholders will receive ₹0.05 per equity share. The dividend, subject to AGM approval, will be paid post-September 30, 2026, after TDS.
The dividend amount is very small (₹0.05 per share), which is unlikely to have a significant impact on the company's stock price or market capitalization.
The announcement of a final dividend is generally viewed positively by shareholders as it indicates the company's profitability and commitment to returning value.
Axita Cotton Limited has announced that Friday, September 11, 2026, has been fixed as the Record Date for determining the entitlement of shareholders to receive the Final Dividend for the Financial Year 2025-2026. The dividend amount is ₹0.05 per equity share, representing 5% of the face value of ₹1 per share. This dividend, if declared by the shareholders at the upcoming Annual General Meeting (AGM), will be paid after September 30, 2026, subject to applicable tax deductions at source (TDS).
The company has made this intimation in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further details regarding the dividend are also available on the company's website, www.axitacotton.com.
A plain-language summary of a public exchange filing by Axita Cotton Limited. Read the original for the full detail.
