The Board of Directors of MIDHANI, following its meeting on March 13, 2026, has approved the declaration of an Interim Dividend for the financial year 2025-26. The Board fixed the dividend rate at Rs. 0.85 per equity share, equivalent to 8.50% of the face value of Rs. 10/- per share. The Record Date for determining shareholder entitlement has been set for Thursday, March 19, 2026.
Interim Dividend Declaration Approved
The Board of Directors of Mishra Dhatu Nigam Limited (MIDHANI) convened on March 13, 2026, with the meeting commencing at 1100 hrs. and concluding at 1250 hrs. During this session, the Board formally approved the declaration of an Interim Dividend for the ongoing financial year 2025-26.
Dividend Details and Entitlement
The approved dividend stands at Rs. 0.85 per equity share. This rate translates to 8.50% based on the face value of Rs. 10/- per share. Furthermore, the necessary administrative steps for distribution have been finalized.
The company has fixed the Record Date to determine the eligibility of shareholders for this interim dividend. This crucial date is set for Thursday, March 19, 2026.
Tax Compliance Information
Guidance regarding the Tax Deduction at Source (TDS) applicable to this declared Interim Dividend will be published on the Company’s official website. Shareholders are advised to check the ‘Investors’ tab on www.midhani-india.in for detailed information pertaining to tax compliance.
Source: BSE
