MIDHANI Declares Rs 0.85 Interim Dividend with Record Date March 19, 2026

1 min read     Updated on 13 Mar 2026, 01:27 PM
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AI Summary

Mishra Dhatu Nigam Limited has announced an interim dividend of Rs 0.85 per equity share for FY 2025-26, representing 8.50% of the Rs 10.00 face value. The Board of Directors approved this decision on March 13, 2026, with the record date set for March 19, 2026, in compliance with SEBI listing regulations.

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Mishra Dhatu Nigam Limited has announced an interim dividend of Rs 0.85 per equity share for the financial year 2025-26, following approval by the Board of Directors during their meeting held on March 13, 2026. The announcement was made in compliance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015.

Board Meeting and Dividend Approval

The Board of Directors convened on March 13, 2026, with the meeting commencing at 1100 hours and concluding at 1250 hours. During this session, the board approved the declaration of an interim dividend that represents 8.50% of the face value of Rs 10.00 per share.

Parameter: Details
Dividend Amount: Rs 0.85 per equity share
Percentage of Face Value: 8.50%
Face Value: Rs 10.00 per share
Financial Year: 2025-26
Board Meeting Date: March 13, 2026
Meeting Duration: 1100 hrs to 1250 hrs

Record Date and Regulatory Compliance

The company has established Thursday, March 19, 2026, as the record date for determining shareholder entitlement to the interim dividend under Regulation 42 of SEBI regulations. Shareholders holding equity shares as of this date will be eligible to receive the dividend payment.

Tax Guidelines and Investor Information

Mishra Dhatu Nigam Limited has indicated that Tax Deduction at Source (TDS) guidelines for the interim dividend will be made available on the company's official website at www.midhani-india.in under the 'Investors' tab. This information will help shareholders understand the tax implications of the dividend payment.

Stock Exchange Communication

The dividend announcement was formally communicated to both BSE Limited and National Stock Exchange of India Limited through an official letter signed by Paul Antony, Company Secretary & Compliance Officer. The communication included all necessary regulatory disclosures as required under SEBI listing regulations.

Exchange Details: Information
BSE Scrip Code: 541195
NSE Trading Symbol: MIDHANI
Company Secretary: Paul Antony
Email: company.secretary@midhani-india.in

Historical Stock Returns for Mishra Dhatu Nigam

1 Day5 Days1 Month6 Months1 Year5 Years
+1.41%-4.99%-10.00%-22.85%+2.26%+68.22%

Mishra Dhatu Nigam Limited Board Meeting Scheduled for March 13, 2026 to Consider Interim Dividend Declaration

2 min read     Updated on 05 Mar 2026, 06:38 PM
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Mishra Dhatu Nigam Limited announced a board meeting on March 13, 2026, to consider interim dividend declaration for FY 2025-26, with official communication sent to BSE and NSE under SEBI LODR Regulation 29. The company implemented trading window closure from March 6-15, 2026, for designated persons in compliance with insider trading regulations.

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Mishra Dhatu Nigam Limited has announced a board meeting scheduled for March 13, 2026, to deliberate on declaring an interim dividend for the financial year 2025-26. The company has formally notified both the Bombay Stock Exchange and National Stock Exchange of India about this significant corporate development through an official communication dated March 5, 2026.

Board Meeting Details

The meeting of the Board of Directors will be held on Friday, March 13, 2026, with the primary agenda being the consideration of a proposal relating to the declaration of interim dividend for FY 2025-26. This announcement was made through an official communication addressed to both stock exchanges under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Meeting Date: March 13, 2026
Meeting Day: Friday
Primary Agenda: Interim Dividend Declaration
Financial Year: 2025-26
Regulation: SEBI LODR Regulation 29
Communication Date: March 5, 2026

Trading Window Closure

In adherence to regulatory requirements, the company has announced the closure of the trading window for designated persons and their immediate relatives. This measure is implemented in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct for prohibition of insider trading.

Aspect: Details
Closure Period: March 6 - March 15, 2026
Duration: Both days inclusive
Applicable To: Designated persons and immediate relatives
Purpose: Interim dividend consideration
Regulatory Framework: SEBI Insider Trading Regulations 2015

Regulatory Compliance and Authorization

The announcement demonstrates Mishra Dhatu Nigam Limited's commitment to maintaining transparency and adhering to regulatory frameworks. The company has fulfilled its obligation to inform stock exchanges about material developments that could impact share prices or investor decisions. The official communication was digitally signed by Paul Antony, Company Secretary & Compliance Officer, on March 5, 2026, at 17:40:34 IST, ensuring proper authorization and documentation.

Stock Exchange Communication

The official notification was sent to both major stock exchanges where the company's shares are listed. The communication to BSE Limited referenced scrip code 541195, while the notification to National Stock Exchange of India Limited used trading symbol MIDHANI. This dual notification ensures comprehensive market coverage and regulatory compliance across both trading platforms.

Exchange: Details
BSE Scrip Code: 541195
NSE Trading Symbol: MIDHANI
Communication Reference: MDN/CS/BM/2025-26
Authorized Signatory: Paul Antony, Company Secretary

Historical Stock Returns for Mishra Dhatu Nigam

1 Day5 Days1 Month6 Months1 Year5 Years
+1.41%-4.99%-10.00%-22.85%+2.26%+68.22%

More News on Mishra Dhatu Nigam

1 Year Returns:+2.26%