Minda Corporation Limited has recommended a final dividend of Rs. 0.80 per equity share, representing a 40% payout for the financial year 2025-26. The company has fixed August 14, 2026, as the record date to determine shareholder eligibility. Additionally, the Board has scheduled the 41st Annual General Meeting for August 21, 2026, with the final dividend payment expected to be disbursed to eligible shareholders on or before September 18, 2026.
Dividend Distribution Details
The Board of Directors of Minda Corporation Limited has approved a final dividend recommendation of Rs. 0.80 per share, which equates to 40% of the face value for the 239,079,428 equity shares outstanding. This payout is subject to the formal approval of shareholders during the upcoming annual meeting.
Key Dates for Shareholders
To ensure proper processing of the dividend, the company has established specific calendar milestones:
- Record Date: Friday, August 14, 2026, for determining eligibility.
- Annual General Meeting: Friday, August 21, 2026.
- Payment Deadline: On or before Friday, September 18, 2026.
Annual General Meeting Overview
The company will host its 41st Annual General Meeting on August 21, 2026. Shareholders are expected to deliberate on the dividend proposal and other standard corporate business items during this session. Investors are advised to mark these dates to ensure their participation and dividend receipt status.
Source: BSE