The Board of Directors of SBI Cards and Payment Services has declared an Interim Dividend of ₹2.50 per equity share (25% on a face value of ₹10) for the financial year 2025-26. The Record Date for determining shareholder entitlement has been set for Wednesday, March 11, 2026. Shareholders are strongly advised to update their bank details and KYC information promptly with their Depository Participant or the Registrar to ensure electronic dividend payment, as physical warrants will no longer be issued.
Interim Dividend Declaration for FY 2025-26
The Board of Directors of SBI Cards and Payment Services Limited convened on Thursday, March 05, 2026, and approved the declaration of an Interim Dividend for the ongoing financial year. The dividend amount stands at Rs. 2.50/- (Rupees Two and Fifty Paise) per equity share. This translates to a 25% dividend based on the face value of Rs. 10/- for each equity share.
Key Dates for Shareholders
The crucial date for determining eligibility for this dividend payment is the Record Date, which has been fixed as Wednesday, March 11, 2026. Shareholders are reminded that dividend payments will now be processed exclusively via electronic transfer.
Mandatory Update of Shareholder Information
In accordance with updated regulatory mandates, the Company will no longer issue dividend warrants, demand drafts, cheques, or any other physical instruments for dividend payments. Shareholders must ensure that their bank details are updated with their respective Depository Participants. This includes the Bank name, branch details, account number, MICR code, and IFSC code. For shareholders holding shares in physical form, updates must be made directly with the Registrar to an Issue and Share Transfer Agent (RTA).
Furthermore, all shareholders are urgently requested to update their PAN, Know Your Customer (KYC) details, contact information including email addresses, nominations, and power of attorney details with their Depository Participants or the RTA, which is MUFG Intime India Private Limited.
Source: BSE
