Indo Borax & Chemicals Ltd has fixed Tuesday, July 21, 2026, as the record date to determine shareholder eligibility for a total dividend of ₹40 per equity share. This comprises a final dividend of ₹10 per equity share and a special dividend of ₹30 per equity share for the financial year ended March 31, 2026, subject to approval at the upcoming Annual General Meeting (AGM). The dividend will be paid on or before Wednesday, August 26, 2026, through electronic mode.

The company has scheduled its 45th AGM for Tuesday, July 28, 2026, at 11:00 a.m. IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Register of Members and Share Transfer Books will remain closed from Wednesday, July 22, 2026, to Tuesday, July 28, 2026, for the AGM and dividend payment purposes.

E-Voting and Meeting Details

Members holding shares in physical or dematerialized form are entitled to cast their votes remotely. The remote e-voting period commences on Friday, July 24, 2026, at 9:00 a.m. IST and concludes on Monday, July 27, 2026, at 5:00 p.m. IST. To be eligible to vote, a member's name must be recorded in the Register of Members or the Register of Beneficial Owners as of the cut-off date, Tuesday, July 21, 2026.

The company has engaged MUGF Intime India Private Limited to facilitate remote e-voting and participation in the AGM. CS Sandhya R. Mahotra, partner of M/s. Manish Chit & Associates, has been appointed as the Scrutinizer to oversee the e-voting process. The Integrated Annual Report for the financial year 2025-26 is available on the company's website and the websites of BSE Limited and National Stock Exchange of India Limited.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE803D01021/339c9854a7084eda.pdf

Indo Borax & Chemicals Limited reported a strong financial performance for the financial year ended March 31, 2026, with consolidated net profit rising 18.3% to ₹50.27 crore. Revenue from operations increased by 22.9% to ₹215.45 crore, driven by robust market demand for its boron-based products.

The company’s earnings per share (EPS) reached ₹15.67, the highest level in the last three years. EBITDA and PAT margins remained robust at approximately 20.5% and 21.8%, respectively. Performance accelerated in the fourth quarter, with revenue growing 25.7% and net profit rising 41.9% year-on-year.

Dividend Declaration

The Board of Directors recommended a total dividend of ₹40 per equity share of Re. 1 each, comprising a final dividend of ₹10 and a special dividend of ₹30. This represents the highest dividend payout in the company's history. The record date for determining shareholder entitlement has been fixed as July 21, 2026, with the dividend payable on or after July 29, 2026, subject to shareholder approval at the Annual General Meeting.

Strategic Initiatives

Looking ahead, the company’s growth strategy focuses on four priorities: expanding leadership in Boric Acid through capacity enhancement, investing approximately ₹20 crore in a new Boron Oxide facility at Pithampur with a planned capacity of 4,000 MTPA, expanding its international footprint, and increasing investment in research and development for specialized boron-based solutions.

Financial Results Summary

The following table summarizes the key financial metrics for FY26:

The company maintained a debt-free balance sheet and a dominant position in the Indian Boric Acid market. The Indian Boric Acid market is projected to grow at an 8% CAGR through 2030, providing structural tailwinds for the company’s future growth.