Gujarat State Fertilizers declares ₹5 per share final dividend for FY26
- Final dividend of ₹5 per equity share declared for FY26
- Payout ratio stands at 250% of the ₹2 face value
- Record date set for September 12, 2026
- 64th AGM scheduled for September 28, 2026, via VC/OAVM
- Remote e-voting window opens on September 24, 2026
*this image is generated using AI for illustrative purposes only.
Gujarat State Fertilizers & Chemicals Limited declared a final dividend of ₹5 per equity share of face value ₹2 each for FY26. This represents a 250% payout ratio relative to the face value. The company will hold its 64th Annual General Meeting (AGM) on September 28, 2026, via video conferencing.
The record date for determining dividend eligibility is September 12, 2026. Shareholders whose names appear in the register or depository records as of the close of business on this date will receive the payout. The dividend payment is scheduled for on or after October 5, 2026.
Meeting and Voting Details
The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) at 3:00 pm IST. Members holding shares as of the cut-off date, September 21, 2026, are entitled to vote. Remote e-voting will be available from September 24, 2026, at 9:00 am to September 27, 2026, at 5:00 pm IST, facilitated by Central Depository Services (India) Limited (CDSL).
The transfer books will remain closed from September 14, 2026, to September 28, 2026. The company has requested members to update their bank details with respective Depository Participants (DPs) or the Registrar and Share Transfer Agent (RTA) to ensure electronic dividend payments. Tax Deducted at Source (TDS) will apply to dividend income as per the Income Tax Act.
What the Numbers Show
The declared dividend of ₹5 per share implies a significant cash outflow relative to the ₹2 face value. With a 250% payout ratio based on face value, the distribution reflects a strong commitment to shareholder returns, assuming sufficient distributable profits were generated during FY26.
Historical Stock Returns for Gujarat State Fertilizers & Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.53% | +2.56% | +0.83% | +2.25% | -24.84% | 0.0% |
How will the ₹5 per share dividend payout impact Gujarat State Fertilizers & Chemicals' free cash flow and capital expenditure plans for FY27?
What is the expected dividend yield for investors buying at current market prices, and how does it compare to peer companies in the fertilizer sector?
Will the 250% payout ratio relative to face value signal a sustainable long-term dividend policy or a one-time distribution of excess liquidity?
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