Fortis Healthcare fixes record date for ₹1 dividend

1 min read     Updated on 20 Jul 2026, 04:18 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Fortis Healthcare Limited has fixed July 24, 2026, as the record date for a final dividend of ₹1 per share, subject to shareholder approval at the AGM on August 11, 2026. The company will close its register of members from July 25 to August 11, 2026, and pay the dividend within 30 days of the AGM.

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Fortis Healthcare Limited has fixed Friday, July 24, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹1 per equity share. This dividend, equivalent to 10% of the face value of ₹10 each, is recommended for the financial year 2025-26 and is subject to the approval of members at the 30th Annual General Meeting scheduled for Tuesday, August 11, 2026.

The Register of Members and Share Transfer Books will remain closed from Saturday, July 25, 2026, to Tuesday, August 11, 2026, for the purpose of dividend payment and the AGM. The dividend will be paid within 30 days of the AGM, subject to the deduction of applicable tax at source, to shareholders whose names appear as Beneficial Owners or members of the register as of the close of business hours on the record date.

Symbol Type of Security Record date for payment of dividend Purpose
NSE Symbol- FORTIS
BSE: 532843
Equity Friday, July 24, 2026 Payment of final dividend of ₹ 1 per equity share (10% of face value of ₹ 10 each) for the financial year 2025-26, subject to approval of the members at the ensuing AGM.

The intimation was made in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously informed the exchanges regarding the Board's recommendation of the dividend in its meeting held on May 22, 2026.

Historical Stock Returns for Fortis Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
+1.70%+0.40%-0.87%+12.95%+20.59%+308.27%

How will this dividend payout impact Fortis Healthcare's capital allocation plans for expansion or debt reduction in FY2027?

What is the market's expectation regarding shareholder approval of the dividend at the upcoming AGM?

Could this dividend signal a sustained trend of improved cash flow generation for the company in the coming years?

Fortis Healthcare Records ₹24.79 Crore Block Trade on NSE at ₹961.10 Per Share

0 min read     Updated on 14 Jul 2026, 10:44 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Fortis Healthcare recorded a block trade on the NSE involving approximately 257,916 shares at ₹961.10 per share. The total value of the transaction stood at ₹24.79 crores. Block trades of this magnitude are generally associated with institutional investor activity and are executed to limit market impact.

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Fortis Healthcare witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 257,916 shares transacted at a price of ₹961.10 per share. The total value of the block trade amounted to ₹24.79 crores, reflecting significant institutional-level activity in the counter.

Block Trade Details

The following table summarizes the key parameters of the block trade recorded on the NSE:

Parameter: Details
Exchange: NSE
Number of Shares: ~257,916
Trade Price: ₹961.10
Total Trade Value: ₹24.79 crores

Block trades of this scale are typically executed by institutional investors or large market participants and are carried out outside the regular order book to minimize market impact. The transaction in Fortis Healthcare shares underscores active participation at the institutional level in the stock.

Historical Stock Returns for Fortis Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
+1.70%+0.40%-0.87%+12.95%+20.59%+308.27%

What are the potential reasons behind the institutional investor's decision to exit or reduce their position in Fortis Healthcare?

How might this block trade influence the short-term price movement and liquidity of Fortis Healthcare shares?

Are there any upcoming corporate events or regulatory changes that could have triggered this significant institutional activity?

More News on Fortis Healthcare

1 Year Returns:+20.59%