Finolex Industries sets Sep 11, 2026 as record date for ₹2.75 dividend
Finolex Industries has set September 11, 2026, as the record date for its proposed dividend of ₹2.75 per equity share for FY2025-26. The dividend is subject to shareholder approval at the 45th AGM scheduled for September 22, 2026.
A dividend announcement is a significant event for shareholders, impacting their returns, but the amount is moderate in relation to the company's overall market capitalization.
The announcement of a dividend payment is generally viewed positively by investors.
Finolex Industries Limited has announced that Friday, September 11, 2026, has been fixed as the record date for determining the eligibility of members to receive the final and special dividends for the Financial Year 2025-26. This decision is subject to the approval of the shareholders at the upcoming 45th Annual General Meeting (AGM).
The Board of Directors had previously recommended a final dividend of ₹2 (100%) per equity share and a special dividend of ₹0.75 (37.50%) per equity share, totaling ₹2.75 (137.50%) per equity share. If approved at the AGM, the dividend payment, after deducting applicable taxes, will be processed within 30 days from the conclusion of the AGM.
The payment will be made to shareholders whose names appear in the company's records for physical shares or to beneficial owners in dematerialized form as of the close of business hours on the specified record date. The 45th AGM is scheduled for Tuesday, September 22, 2026.
A plain-language summary of a public exchange filing by Finolex Industries Limited. Read the original for the full detail.