Polycab India has announced a dividend recommendation for the Financial Year 2025-26. The company’s Board of Directors has proposed a dividend of ₹47 per equity share, representing a 470% payout on the face value of ₹10. This proposal remains subject to approval by shareholders at the upcoming Annual General Meeting. If approved, the payment will be processed within 30 days following the meeting.
Dividend Recommendation Details
Following the meeting held on May 6, 2026, the Board of Directors of Polycab India announced a dividend recommendation of ₹47 per equity share. This payout reflects a significant return for investors, based on the face value of ₹10 per share, translating to a total dividend rate of 470% for the 2025-26 fiscal year.
Approval and Payment Timeline
The proposed dividend is currently awaiting formal ratification by the company’s members during the forthcoming Annual General Meeting. Shareholders should note that the payment, once approved, is scheduled to be distributed within a period of 30 days from the date of the meeting. Further details regarding the Book Closure and Record Date to determine shareholder eligibility will be communicated by the company in due course.
Source: BSE