The Board of Directors of Engineers India Limited (EIL) met on February 26, 2026, and declared a Second Interim Dividend of ₹1.50 per equity share for the financial year 2025-26. The face value of the shares is ₹5/- each. The specified Record Date for entitlement is Friday, March 6, 2026, with the payment scheduled to commence from Friday, March 20, 2026.
Dividend Announcement for FY 2025-26
Engineers India Limited (EIL) has formally announced the outcome of its Board Meeting held on February 26, 2026. Following deliberations, the Board approved the declaration of the Second Interim Dividend for the ongoing financial year 2025-26.
Key Dividend Details
The quantum of the dividend declared is ₹1.50 per share. This dividend is based on the equity shares having a face value of ₹5/- each. This decision brings certainty to shareholders regarding interim payouts for the current fiscal period.
Timeline for Entitlement and Payment
As previously intimated, the required Record Date for determining the eligible shareholders for this dividend is set as Friday, March 6, 2026. Furthermore, the Second Interim Dividend will be payable to the shareholders on or from Friday, March 20, 2026. The payment process is mandated to be completed within 30 days from the date of declaration, adhering to relevant corporate statutes.
Board Meeting Conclusion
The Board Meeting commenced at 3:00 p.m. and successfully concluded its proceedings at 05:00 p.m. on the announcement date.
Source: BSE
