MIDHANI Declares Interim Dividend of ₹0.85 per Share; Sets Record Date for March 19
MIDHANI's Board declared an interim dividend of ₹0.85 per equity share for FY 2025-26. The record date for this dividend is set for March 19, 2026. Tax deduction guidelines will be available on the company's website.
Dividend announcements generally have a moderate impact on stock prices as they directly benefit shareholders. The amount is significant enough to be noteworthy.
The declaration of an interim dividend is a positive signal to shareholders, indicating the company's financial health and commitment to returning value.
Mishra Dhatu Nigam Limited (MIDHANI) announced the outcome of its Board Meeting held on March 13, 2026. The Board has approved the declaration of an interim dividend of ₹0.85 per equity share (at 8.50%) on shares with a face value of ₹10 each for the financial year 2025-26.
The record date for determining the entitlement of the aforementioned interim dividend has been fixed as Thursday, March 19, 2026.
Guidelines for Tax Deduction at Source (TDS) for this interim dividend will be made available on the company's official website, www.midhani-india.in, under the ‘Investors’ tab.
What to do with a filing like this
Mishra Dhatu Nigam 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 Mishra Dhatu Nigam Limited. Read the original for the full detail.