Kirloskar Ferrous fixes record date for FY26 dividend

1 min read     Updated on 14 Jul 2026, 06:31 PM
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Jubin VScanX News Team
AI Summary

Kirloskar Ferrous Industries has fixed 17 July 2026 as the record date for a final dividend of ₹3 per share for FY26, pending approval at the 35th AGM on 5 August 2026. The AGM will be held via video conferencing, with remote e-voting available from 2 August to 4 August 2026.

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Kirloskar Ferrous Industries has fixed Friday, 17 July 2026 as the record date to determine shareholder eligibility for a final dividend of ₹3 per equity share for the financial year 2025–2026. The dividend, amounting to 60% of the face value of ₹5 per share, is subject to shareholder approval at the 35th Annual General Meeting (AGM) scheduled for Wednesday, 5 August 2026. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM) at 4:00 p.m. IST, in compliance with Ministry of Corporate Affairs and SEBI circulars.

The Board of Directors recommended the dividend during its meeting on 12 June 2026. If approved, the payout will be made within 30 days from the date of the AGM through direct credit, RTGS, NEFT, or NECS. Eligibility is determined based on beneficial ownership records from depositories for electronic shares or the Register of Members for physical shares as of the close of business hours on the record date.

Shareholders must ensure their details are current to facilitate correct tax deduction. Under the Income Tax Act, 2025, dividends are taxable in the hands of shareholders, and the company will deduct Tax Deducted at Source (TDS) at applicable rates. Members holding shares in physical form must update bank details with the Registrar and Share Transfer Agent, while those with electronic holdings must update their depository participants.

The company has also announced remote e-voting facilities for the AGM. The cut-off date to determine eligibility for e-voting is Wednesday, 29 July 2026. The remote e-voting period runs from Sunday, 2 August 2026 at 9:00 a.m. IST to Tuesday, 4 August 2026 at 5:00 p.m. IST. Detailed instructions for both e-voting and attending the AGM via VC/OAVM are provided in the Notice of AGM.

Key Dividend and Meeting Details

Parameter Details
Dividend per share ₹3
Face value ₹5
Payout percentage 60%
Financial Year 2025–2026
Record Date 17 July 2026
AGM Date 5 August 2026
AGM Time 4:00 p.m. IST
E-voting start 2 August 2026, 9:00 a.m.
E-voting end 4 August 2026, 5:00 p.m.

Historical Stock Returns for Kirloskar Ferrous Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.62%-3.59%+0.82%+7.96%+7.96%+54.86%

How might the approval of this 60% dividend payout impact Kirloskar Ferrous Industries' capital allocation plans for FY2027?

What trends in the company's free cash flow generation could support sustained dividend payouts at this level in the future?

How will the updated Income Tax Act, 2025, influence shareholder sentiment and retention rates following the TDS deduction?

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Supreme Court Backs Government on Mining Royalty, Rejects Kirloskar Ferrous Industries' Request

0 min read     Updated on 14 Jul 2026, 09:09 AM
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Reviewed by
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AI Summary

The Supreme Court has upheld the government's position in a mining royalty dispute, rejecting the request made by Kirloskar Ferrous Industries. The ruling, as reported by a newspaper, represents a significant legal development for the company in the mining domain. No specific financial figures or further procedural details were available from the source data.

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The Supreme Court has sided with the government in a mining royalty matter, denying the request put forward by kirloskar ferrous industries , according to a newspaper report. The ruling marks a notable legal development for the company, which operates in the ferrous and mining-related segment.

Supreme Court Ruling on Mining Royalty

The apex court's decision to support the government's position on mining royalty comes as a setback for Kirloskar Ferrous Industries, whose request was denied as part of the proceedings. The newspaper report highlighted the court's stance without elaborating on the specific grounds or the nature of the relief sought by the company.

Parameter: Details
Court: Supreme Court of India
Matter: Mining Royalty Dispute
Outcome: Government's position upheld
Company Request: Denied
Source: Newspaper Report

Key Takeaways

  • The Supreme Court ruled in favour of the government on the mining royalty issue.
  • Kirloskar Ferrous Industries' request was denied by the court.
  • The development was reported by a newspaper.
  • No additional financial figures or procedural details were provided in the source data.

Historical Stock Returns for Kirloskar Ferrous Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.62%-3.59%+0.82%+7.96%+7.96%+54.86%

How will this ruling impact Kirloskar Ferrous Industries' future cost structure and profitability?

Could this decision set a precedent for other mining companies facing similar royalty disputes?

What legal or financial steps might Kirloskar Ferrous Industries take next to mitigate the impact?

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1 Year Returns:+7.96%