The Board of Directors of Mishra Dhatu Nigam Limited (MIDHANI) met on March 13, 2026, and approved the declaration of an Interim Dividend for the financial year 2025-26. The dividend is set at Rs. 0.85 per equity share, which translates to @8.50% of the face value of Rs. 10/- per share. The company has also fixed the Record Date for determining entitlement to this payment.
Board Meeting Highlights
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. The primary outcome of this session was the approval of a significant corporate action related to shareholder returns.
Interim Dividend Declaration
The Board formally approved the declaration of an Interim Dividend for the ongoing financial year, 2025-26. The approved rate is Rs. 0.85 per equity share. Based on the face value of Rs. 10/- per share, this distribution equates to a rate of @8.50%.
Record Date Fixed for Entitlement
To finalize the list of eligible shareholders for this dividend payout, the Board has set the Record Date. Entitlement to the aforementioned interim dividend will be determined based on records held as of Thursday, March 19, 2026.
Taxation Information
Shareholders are advised that guidelines concerning Tax Deduction at Source (TDS) related to this Interim Dividend will be made publicly accessible. This information will be available on the Company’s official website, www.midhani-india.in, under the dedicated ‘Investors’ tab.
Source: BSE
