GSFC sets AGM for Sep 28, proposes ₹5 dividend per share

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Ashish TScanX News Team
Key Highlights
  • Gujarat State Fertilizers & Chemicals schedules 64th AGM for September 28, 2026
  • Company proposes final dividend of ₹5 per equity share for FY26
  • Remote e-voting period runs from September 24 to September 27, 2026
  • Record date for dividend eligibility is set at September 12, 2026
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Gujarat State Fertilizers & Chemicals has scheduled its 64th Annual General Meeting (AGM) for September 28, 2026. The meeting will be conducted via video conferencing or other audio-visual means.

The company intends to declare a final dividend of ₹5 per equity share of face value ₹2 each (250%) for the fiscal year ended March 31, 2026. If approved by shareholders, the dividend will be paid on or after October 5, 2026.

Key Dates and Procedures

Shareholders holding shares as of the cut-off date, September 21, 2026, are eligible to vote. The remote e-voting period opens on September 24, 2026, at 9:00 am and closes on September 27, 2026, at 5:00 pm. Central Depository Services (India) Limited (CDSL) is providing the e-voting facility.

Event Date
Cut-off date for voting September 21, 2026
Remote e-voting start September 24, 2026
Remote e-voting end September 27, 2026
Record date for dividend September 12, 2026
Book closure start September 14, 2026
Book closure end September 28, 2026
AGM date September 28, 2026

Shareholder Instructions

Members must update their bank account details to receive dividends electronically. Those holding shares in demat form should update details with their Depository Participants. Physical shareholders can register via the Registrar and Share Transfer Agent, MUFG Intime India Pvt. Ltd., or through email.

The company also highlighted a special window open from February 5, 2026, to February 4, 2027, for the re-lodgment of share transfer deeds lodged before April 1, 2019, that were previously returned or rejected.

Historical Stock Returns for Gujarat State Fertilizers & Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+2.34%+1.29%-1.08%-25.18%+54.68%

How might the proposed 250% dividend payout ratio impact Gujarat State Fertilizers & Chemicals' future capital allocation and expansion plans?

What are the implications of the re-lodgment window for share transfer deeds on the company's shareholding pattern and potential institutional investor interest?

Will the shift to fully digital AGM proceedings influence shareholder engagement levels or voting participation rates compared to previous years?

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GSFC revises dividend record date to Sep 12, 2026

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Dividend record date revised to September 12, 2026
  • Previous record date was September 11, 2026
  • AGM scheduled for September 28, 2026
  • E-voting cut-off remains September 21, 2026
  • Dividend payment expected on or after October 5, 2026
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Gujarat State Fertilizers & Chemicals has revised its dividend record date to September 12, 2026. The company previously set the date as September 11, 2026, in filings on August 29, 2026.

The updated intimation was issued on August 31, 2026, confirming that all other details regarding the 64th Annual General Meeting remain unchanged.

Revised Key Dates

The company outlined the updated schedule for the dividend process:

Particulars Details
Dividend Record Date Saturday, September 12, 2026
E-Voting Cut-off Date Monday, September 21, 2026
AGM Date Monday, September 28, 2026
AGM Time 3:00 pm
Mode Video Conference / Other Audio Visual Means
Book Closure Period September 14, 2026 to September 28, 2026
Dividend Payment Date On or after Monday, October 5, 2026

Shareholders whose names appear on the Register of Members or the list of beneficial owners as of the close of business on September 12, 2026, will be eligible for the dividend if approved at the AGM. To exercise their right to vote electronically, shareholders must be on record as of September 21, 2026.

The AGM proceedings will be deemed conducted at the registered office in Vadodara, Gujarat. Nidhi Pillai, Company Secretary and Vice President (Legal & HRS), signed the disclosures.

Historical Stock Returns for Gujarat State Fertilizers & Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+2.34%+1.29%-1.08%-25.18%+54.68%

What factors prompted Gujarat State Fertilizers & Chemicals to revise the dividend record date by one day?

How might the proposed dividend payout impact the company's cash reserves and future capital expenditure plans?

Will the shift to a virtual AGM via video conference influence shareholder participation rates or voting outcomes compared to previous years?

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1 Year Returns:-25.18%