IGIL Declares Second Interim Dividend of ₹2.50 per Share, Approves Name Change
IGIL's Board approved a second interim dividend of ₹2.50 per share for FY25-26, with a record date of February 17, 2026. The company also approved a name change from "International Gemmological Institute (India) Limited" to "International Gemological Institute Limited," pending shareholder approval.
The dividend payout is a direct financial benefit to shareholders. The name change, while potentially signifying a strategic shift or simplification, requires further shareholder approval and may have a moderate impact on the company's public perception and administrative processes.
The declaration of an interim dividend and the approval of a name change are positive developments for the company.
International Gemmological Institute (India) Limited (IGIL) announced a significant outcome from its Board of Directors meeting held on February 11, 2026. The Board declared and approved the payment of the Second Interim Dividend of ₹2.50 per equity share for the financial year 2025-26. This represents a 125% dividend on equity shares with a face value of ₹2 each. The record date for this dividend has been fixed as Tuesday, February 17, 2026, and the dividend is scheduled to be paid on or before Friday, March 13, 2026.
In addition to the dividend, the Board also approved a change in the company's name from "International Gemmological Institute (India) Limited" to "International Gemological Institute Limited." This change is based on a no-objection and name reservation letter received from the Central Registration Centre (CRC) dated January 28, 2026. Consequential alterations to the Memorandum of Association (MOA) and Articles of Association (AOA) were also approved, subject to shareholder and statutory authority approvals. A postal ballot notice will be sent to shareholders for approving these changes.
The Board meeting commenced at 9:33 a.m. (IST) and concluded at 9:47 a.m. (IST). The details of the MOA and AOA amendments are available on the company's website.
What to do with a filing like this
International Gemmological Institute (India) Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by International Gemmological Institute (India) Limited. Read the original for the full detail.