Dividend15 May 2026, 07:41 pm
SAIL Recommends ₹2.35 Final Dividend for FY26
AI Summary
Steel Authority of India Ltd (SAIL) has announced the recommendation of a final dividend of ₹2.35 per equity share of ₹10 each (23.50% of the paid-up equity share capital) for the financial year 2025-26. This decision was made during the Board of Directors meeting held on May 15, 2026, where the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were also approved. The dividend will be paid within 30 days of shareholder approval at the Annual General Meeting.
Key Highlights
- SAIL recommends a final dividend of ₹2.35 per share for FY26.
- Dividend is 23.50% of the paid-up equity share capital.
- FY26 audited financial results were approved at the board meeting.
- Dividend payout is subject to shareholder approval at the AGM.
- Board meeting was held on May 15, 2026.
Price Impact
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