India Glycols JV Declares Interim Dividend; IGL Receives ₹36 Cr
India Glycols Limited's joint venture, Clariant IGL Specialty Chemical Private Limited, declared an interim dividend of ₹36,000 per share. IGL received ₹36 crore gross dividend from this declaration on 17th March 2026.
The dividend received is substantial and will positively impact the company's financials, though it is from a joint venture and not direct operational profit.
The company received a significant interim dividend from its joint venture, which is a positive financial inflow.
India Glycols Limited (IGL) has announced a business update regarding an interim dividend declared by its joint venture, M/s Clariant IGL Specialty Chemical Private Limited.
The joint venture, in which IGL and its wholly-owned subsidiary hold a combined 49% shareholding (IGL 45.37% and WoS 3.63%), declared an interim dividend of ₹36,000 per equity share, representing 3600% on a face value of ₹10 per share.
Consequently, India Glycols Limited has received a gross interim dividend amount of ₹36 crore (net of TDS ₹32.40 crore). Its wholly-owned subsidiary received ₹2.88 crore (gross, net of TDS ₹2.59 crore). This disclosure was made on 17th March 2026.
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India Glycols Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. 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 India Glycols Limited. Read the original for the full detail.