The Board of Directors of Banco Products (India) Limited has approved a Second Interim Dividend of Rs. 8/- (400%) per equity share (Face Value Rs. 2/-) for the Financial Year 2025-26. The company has set Thursday, March 19, 2026, as the record date for determining shareholder eligibility. The dividend payment is scheduled to commence on or after Wednesday, March 25, 2026.
Board Meeting Outcome: Dividend Approval
Banco Products (India) Limited today announced the outcome of its Board of Directors meeting held on 13th March, 2026. The Board convened at 11:30 A.M. and concluded its proceedings at 12:30 P.M.
Details of Second Interim Dividend
The primary resolution passed by the Board was the declaration of a significant dividend for the current financial period. The details are as follows:
- Dividend Type: Second Interim Dividend.
- Dividend Amount: Rs. 8/- per Equity Share.
- Percentage: 400% on the face value of Rs. 2/- per share.
- Financial Year: 2025-26.
Key Dates for Shareholders
To ensure a smooth process for distributing the declared dividend, the company has fixed the following critical dates:
- Record Date: Thursday, 19th March, 2026, has been fixed to determine the entitlement of members for the payment.
- Payment Date: The payment of the Second Interim Dividend will be initiated on or after Wednesday, 25th March, 2026.
The company requests that the stock exchanges take this essential corporate action on record.
Source: BSE
