Jindal Drilling & Industries has fixed Tuesday, September 1, 2026, as the record date for determining members eligible to receive the dividend for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. This procedural step ensures that only shareholders holding equity shares on the specified record date are entitled to the proposed payout, establishing a clear cutoff for eligibility ahead of the final declaration. The timing of the record date, set two weeks prior to the meeting, allows the company to finalize its register of members and prepare for potential disbursement shortly after the vote.

The 42nd Annual General Meeting of Jindal Drilling And Industries Limited is scheduled to take place on Tuesday, September 15, 2026, at 3:00 P.M. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with regulatory guidelines for remote participation. Shareholders must ensure their holdings are registered in the company’s books by the close of business on September 1, 2026, to qualify for any dividend declared during this session. The Board of Directors has structured the timeline to allow for efficient processing of approvals and subsequent payments.

Pursuant to Regulation 42 and other applicable provisions of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the company has communicated these details to both the Bombay Stock Exchange and the National Stock Exchange of India Limited. The notice was issued on August 7, 2026, by Binaya Kumar Dash, Company Secretary, ensuring that all stakeholders are informed of the critical dates. The dividend, if approved by the shareholders at the AGM, will be paid on or after September 17, 2026, providing a clear window for post-meeting disbursement procedures.

Key Dates for Shareholders

Shareholders should note the following timeline to ensure they are positioned to receive the dividend:

• Record Date: Tuesday, September 1, 2026
• AGM Date: Tuesday, September 15, 2026
• Dividend Payment: On or after September 17, 2026

The company has emphasized that the dividend is contingent upon approval at the AGM. Until the resolution is passed by the shareholders, no entitlement is guaranteed. Investors holding shares before the record date but selling them thereafter will still be eligible for the dividend, while those purchasing shares after the record date will not receive the payout for this financial year. This standard corporate action process ensures transparency and fairness in the distribution of profits to long-term investors.

Jindal Drilling & Industries has received an award notification from Oil and Natural Gas Corporation (ONGC) for the utilisation of its rig, Jindal Pioneer. The contract is set to run for a period of 3 years, with operations scheduled to begin in Q3 FY27, marking a notable addition to the company's order book in the domestic oilfield services sector.

Contract Details

The award notification outlines the key terms governing the deployment of Rig Jindal Pioneer under this engagement with ONGC. The following table summarises the principal parameters of the contract:

Significance of the Award

The contract with ONGC, one of India's largest state-owned oil and gas exploration companies, underscores the continued demand for drilling rig services in the domestic upstream energy sector. The daily rate of ₹45,83,215.16 for Rig Jindal Pioneer over a 3-year tenure reflects the terms agreed upon under this award notification. The commencement of operations in Q3 FY27 indicates the scheduled timeline for mobilisation and deployment of the rig under this agreement.