National Aluminium Company Limited (NALCO) has announced that its Board of Directors will meet on April 30, 2026, to discuss and potentially approve the declaration of the 3rd interim dividend for the financial year 2025-26. As part of a new policy, the company will exclusively use electronic payment methods for dividend distribution, as the issuance of physical dividend warrants or cheques has been discontinued.
Upcoming Board Meeting
The company has scheduled a board meeting for Thursday, April 30, 2026. The primary agenda for this meeting is to evaluate and consider the proposal for a 3rd interim dividend for the 2025-26 fiscal year. Shareholders are advised to monitor official communications following the meeting for the final decision regarding the dividend payout.
Important Update on Dividend Payments
Following updated regulatory guidelines, National Aluminium Company Limited has fully transitioned to a digital-only payment framework for dividends. The issuance of physical Payable-at-Par warrants and cheques has been permanently withdrawn. Consequently, all dividend payments will be processed strictly through electronic modes. The company will not issue demand drafts for any rejected electronic remittances.
Shareholder Action Required
To ensure the seamless receipt of dividend payments, shareholders are strongly advised to verify that their bank account details are current, correctly updated, and validated within their demat accounts. For those holding shares in physical form, similar updates should be coordinated with the company’s Registrar and Transfer Agent to prevent any disruptions in the electronic credit process.
Source: BSE
