Jindal Stainless Limited has fixed August 21, 2026, as the record date for determining eligibility for its final dividend for the financial year ended March 31, 2026. The company proposes a dividend of ₹3 per equity share, subject to approval by shareholders at its upcoming Annual General Meeting (AGM). This filing ensures that investors holding shares as of the close of business on the record date will be eligible to receive the payout, provided the declaration is ratified by the Board and shareholders.

The announcement was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Navneet Raghuvanshi, Head-Legal, Company Secretary & Compliance Officer at Jindal Stainless, signed the intimation submitted to both the Bombay Stock Exchange and the National Stock Exchange of India Ltd.

Dividend Details

The key parameters for the dividend payment are outlined below:

Payment Timeline and Eligibility

The company stated that the dividend will be paid within 30 days of the date of the AGM, subject to the deduction of applicable tax at source. Eligibility extends to shareholders whose names appear as Beneficial Owners in the depository records or as Members in the Company’s Register of Members on the record date. The record date falls on a Friday, marking the close of business hours for eligibility determination.

What This Means for Investors

For retail and institutional investors, holding shares through August 21, 2026, is critical to securing the dividend entitlement. Since the dividend is contingent upon AGM approval, the actual disbursement depends on the outcome of the shareholder vote. However, the fixing of the record date signals management’s intent to proceed with the payout, offering a clear timeline for potential returns. Investors should monitor the AGM proceedings for final confirmation of the dividend declaration.

Jindal Stainless has scheduled a series of investor meetings in Hong Kong and Singapore from August 11 to August 13, 2026, as part of its ongoing engagement with global stakeholders. The management team will participate in a non-deal roadshow and two major industry conferences, providing an opportunity to discuss the company’s strategic outlook with investors and analysts in the Asia-Pacific region.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Navneet Raghuvanshi, Head-Legal, Company Secretary & Compliance Officer at Jindal Stainless Limited, signed the intimation submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Ltd. (NSE).

The schedule of events is detailed below:

The company noted that the schedule may undergo changes due to exigencies on the part of the investor or the company. The non-deal roadshow on August 11 is scheduled to take place in Hong Kong, while the subsequent conferences are set for Singapore. The specific venue for the Avendus Spark INDX event was not disclosed in the filing.

These investor interactions are standard practice for listed entities seeking to maintain transparency and communicate their business strategy to the investment community. The meetings do not involve any issuance of securities or corporate actions requiring shareholder approval. Investors are advised to monitor official exchanges for any updates regarding the schedule or outcomes of these discussions.