StockWatch
·
Investment Company
Dividend21 Jul 2026, 03:27 pm

Industrial & Prudential Recommends 1200% Dividend for FY26

AI Summary

Industrial & Prudential Investment Company Ltd announced its Board of Directors has recommended a final dividend of ₹120 per equity share (1200% on face value of ₹10) for the Financial Year 2025-26. This dividend is subject to approval at the upcoming 110th Annual General Meeting (AGM) scheduled for August 20, 2026. The record date for determining eligible shareholders is August 12, 2026, with payment expected on or after August 21, 2026. The company also released its Annual Report for FY25-26 and the notice for the AGM, which will be conducted via Video Conferencing/Other Audio Visual Means.

Key Highlights

  • Board recommends final dividend of ₹120 per share for FY25-26.
  • Dividend payout is contingent on AGM approval.
  • Record date for dividend eligibility is August 12, 2026.
  • AGM scheduled for August 20, 2026, via VC/OAVM.
  • Annual Report for FY25-26 is now available.