The Board of Directors of Banco Products (India) Limited, following a meeting on March 13, 2026, has approved the declaration of a Second Interim Dividend. The dividend is set at Rs. 8/- (400%) per equity share with a face value of Rs. 2/- each for the Financial Year 2025-26. The company has fixed March 19, 2026, as the record date, with payment commencing on or after March 25, 2026.
Board Approves Second Interim Dividend
Banco Products (India) Limited has formally announced the outcome of its Board of Directors meeting held on Friday, March 13, 2026. The primary decision centered on the distribution of profits for the current financial year.
Dividend Details Confirmed
The Board has inter-alia considered and declared a Second Interim Dividend for the Financial Year 2025-26. The quantum of the dividend is set at Rs. 8/- (Rupees Eight only) per equity share. Given that the face value of each share is Rs. 2/-, this translates to a rate of 400% on the face value.
Key Dates Fixed
To facilitate the accurate determination of eligible shareholders for this payment, the Board has fixed the following crucial dates:
- Record Date: Thursday, 19th March, 2026 (for determining entitlement).
- Payment Commencement: On or after Wednesday, 25th March, 2026.
The Board meeting officially commenced at 11:30 A.M. and concluded at 12:30 P.M. The necessary documents have been submitted to the relevant stock exchanges for record.
Source: BSE
