StockWatch
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Cement & Cement Products
Dividend23 Sept 2026, 12:23 pm

Sainik Finance declares 5% interim dividend for FY26

AI Summary

Sainik Finance & Industries Ltd announced the declaration and payment of an interim dividend for the financial year 2025-26. The Board of Directors approved a dividend of 5%, equivalent to ₹0.50 per equity share, on the paid-up equity share capital. The record date for determining eligible shareholders is set for Thursday, October 1, 2026. The dividend will be paid within 30 days of its declaration. The board meeting where this was approved commenced at 11:30 AM and concluded at 11:55 PM on September 23, 2026.

Key Highlights

  • Interim dividend of 5% (₹0.50 per share) declared for FY25-26.
  • Record date for dividend eligibility is October 1, 2026.
  • Dividend payment to be completed within 30 days of declaration.
  • Board meeting held on September 23, 2026, approved the dividend.