Grasim Industries fixes record date for ₹10 dividend
Grasim Industries has announced Friday, August 7, 2026, as the record date for a final dividend of ₹10 per equity share, subject to shareholder approval at the 79th AGM. The AGM is scheduled for Friday, August 21, 2026, at 11:30 a.m. IST via Video Conferencing. The Register of Members will remain closed from August 8 to August 21, 2026.

*this image is generated using AI for illustrative purposes only.
Grasim Industries has fixed Friday, August 7, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹10 per equity share for the financial year ended March 31, 2026. The dividend, subject to shareholder approval at the Annual General Meeting (AGM), is proposed at 500% of the face value of ₹2 per share. Partly paid-up shares will be eligible for dividend in proportion to their paid-up value. The Register of Members will remain closed from Saturday, August 8, 2026, to Friday, August 21, 2026, for the purpose of dividend payment.
The 79th AGM is scheduled for Friday, August 21, 2026, at 11:30 a.m. (IST) via Video Conferencing and Other Audio-Visual Means (VC/OAVM). The meeting will be conducted in compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The dividend, if approved, will be paid within seven business days of the AGM to members whose names appear as beneficial owners on the record date or as members holding shares in physical form as per the register maintained by KFin Technologies Limited, the Registrar and Transfer Agent.
Key Corporate Event Details
| Event Details | Information |
|---|---|
| Record Date | Friday, August 7, 2026 |
| Book Closure Start | Saturday, August 8, 2026 |
| Book Closure End | Friday, August 21, 2026 |
| AGM Date | Friday, August 21, 2026 |
| AGM Time | 11:30 a.m. (IST) |
| AGM Mode | Video Conferencing / OAVM |
| Dividend Payment Timeline | Within 7 business days from AGM |
| E-voting Start | Monday, August 17, 2026 (9:00 a.m. IST) |
| E-voting End | Thursday, August 20, 2026 (5:00 p.m. IST) |
| Tax Form Submission Deadline | Friday, July 31, 2026 |
The company has advised members to update their bank details with their Depository Participants or the Registrar to ensure electronic credit of dividends. Shareholders must submit tax exemption forms by Friday, July 31, 2026, to einward.ris@kfintech.com . In accordance with the Income-tax Act, 2021, dividend income is taxable in the hands of shareholders, and the company will deduct tax at source (TDS) at applicable rates. The Notice of AGM and the Integrated Annual Report for FY26 are available on the company's website and the websites of BSE Limited and National Stock Exchange of India Limited.
Historical Stock Returns for Grasim Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.12% | +3.44% | +0.22% | +12.43% | +15.12% | +110.28% |
How will this 500% dividend payout impact Grasim Industries' capital allocation plans for upcoming expansion projects?
What guidance does management expect to provide regarding the financial outlook for FY27 during the upcoming AGM?
Could this significant dividend declaration signal a shift in the company's free cash flow generation capabilities in the future?

































