The Board of Directors of International Gemmological Institute (India) Limited, meeting on February 11, 2026, declared a Second Interim Dividend of Rs. 2.50 per share (125%) for FY 2025-26. Furthermore, the board approved changing the company name to International Gemological Institute Limited, contingent upon shareholder approval and regulatory consent. The Record Date for the dividend entitlement is set for February 17, 2026, with payment due by March 13, 2026.
Key Board Resolutions Announced
At the Board Meeting held on Wednesday, February 11, 2026, the Directors of International Gemmological Institute (India) Limited approved several critical resolutions, including the declaration of a dividend and a significant change in the corporate identity of the organization.
Declaration of Second Interim Dividend
The Board formally declared and approved the payment of the Second Interim Dividend for the financial year 2025-26 (covering January 1, 2025, to March 31, 2026). The dividend amount is set at Rs. 2.50 (Rupees Two and Paise Fifty only) per equity share, representing 125% on the fully paid-up equity shares of Rs. 2/- each. The total number of shares involved is 43,21,59,696.
- Record Date: Tuesday, February 17, 2026, to ascertain entitled members/beneficial owners.
- Payment Deadline: The dividend will be paid on or before Friday, March 13, 2026.
Change in Company Name Approved
The Board also considered and approved the proposal to change the company’s name from “International Gemmological Institute (India) Limited” to “International Gemological Institute Limited”. This change is based on a No Objection and name reservation letter secured from the Central Registration Centre on January 28, 2026.
Consequential Amendments
Approval was granted for the consequential alteration of the Memorandum of Association (MOA) and Articles of Association (AOA) to reflect the new name. These changes are subject to the final approval of the Shareholders and other requisite statutory authorities.
Shareholder Communication Details
The Board further approved the issuance of a Postal Ballot Notice to shareholders to seek approval for both the name change and the corresponding amendments to the MOA and AOA. Details regarding the specific amendments to the MOA and AOA are provided in Annexure – A of the disclosure.
The Board Meeting commenced at 9:33 a.m. (IST) and concluded efficiently at 9:47 a.m. (IST) on the same day.
Summary of Name Change Documentation (Annexure A Highlights)
Memorandum of Association (MOA) Changes
| Sr. No. | Clause No. | Existing Clause | Proposed Clause |
|---|---|---|---|
| 1. | Title | MEMORANDUM OF ASSOCIATION OF INTERNATIONAL GEMMOLOGICAL INSTITUTE (INDIA) LIMITED | MEMORANDUM OF ASSOCIATION OF INTERNATIONAL GEMOLOGICAL INSTITUTE LIMITED |
| 2. | I (1) | The name of the Company is International Gemmological Institute (India) Limited. | The name of the Company is International Gemological Institute Limited. |
Articles of Association (AOA) Changes
| Sr. No. | Clause No. | Existing Clause | Proposed Clause |
|---|---|---|---|
| 1. | Title | ARTICLES OF ASSOCIATION OF INTERNATIONAL GEMMOLOGICAL INSTITUTE (INDIA) LIMITED | ARTICLES OF ASSOCIATION OF INTERNATIONAL GEMOLOGICAL INSTITUTE LIMITED |
| 2. | Introduction | …This set of Articles of Association has been approved pursuant to the provisions of Section 14 of the Companies Act, 2013… International Gemmological Institute (India) Limited (the “Company”)… | …This set of Articles of Association has been approved pursuant to the provisions of Section 14 of the Companies Act, 2013… International Gemological Institute Limited (the “Company”)… |
| 3. | 3 | “Company” means International Gemmological Institute (India) Limited, a company incorporated under the laws of India; | “Company” means International Gemological Institute Limited, a company incorporated under the laws of India; |
| 4. | 138. (b) | Where the Company has declared a dividend but which has not been paid or claimed within thirty (30) days from the date of declaration, the Company shall within seven (7) days… be called “Unpaid Dividend Account of International Gemmological Institute (India) Limited”. | Where the Company has declared a dividend but which has not been paid or claimed within thirty (30) days from the date of declaration, the Company shall within seven (7) days… be called “Unpaid Dividend Account of International Gemological Institute Limited”. |
Source: BSE
