MRF recommends ₹229 final dividend for FY26

1 min read     Updated on 12 Jul 2026, 11:03 AM
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AI Summary

MRF Limited has announced a final dividend recommendation of ₹229 per share for FY26, pending shareholder approval. The 65th AGM is set for August 6, 2026, via video conferencing, with a record date of July 17, 2026.

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MRF Limited has recommended a final dividend of ₹229 per equity share, representing 2290% of the face value of ₹10 each, for the financial year 2025-26. The dividend is subject to the approval of shareholders at the upcoming Annual General Meeting (AGM). The payment will be made on or after August 17, 2026, to members whose names appear in the Register of Members as on the record date of July 17, 2026.

The 65th AGM of MRF Limited will be held on Thursday, August 6, 2026, at 11:00 A.M. through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting is being conducted in compliance with the Ministry of Corporate Affairs circulars and SEBI regulations, allowing companies to hold AGMs without physical presence. The deemed venue for the meeting is the company's registered office in Chennai.

In accordance with regulatory directives, dividends will be processed only via electronic mode. Shareholders have been advised to update their bank account details with their depositories or the company to avoid delays. The company also reminded members that dividend income is taxable under the Income Tax Act, 2025, and Tax Deducted at Source (TDS) will be applicable. To determine the appropriate TDS rate, shareholders must submit necessary documents by 5:30 P.M. on July 17, 2026.

The Notice of the AGM and the Annual Report for the financial year 2025-26 will be sent electronically to members with registered email addresses. Physical copies will be dispatched only upon request. These documents will also be available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited. Members can attend and participate in the AGM exclusively through the VC/OAVM facility.

Key AGM and Dividend Details

Event Date Details
Record Date July 17, 2026 Determination of shareholder eligibility for dividend
AGM Date August 6, 2026 65th Annual General Meeting via VC/OAVM
Dividend Payment On or after August 17, 2026 ₹229 per share (2290% of face value ₹10)
Document Submission Deadline July 17, 2026 5:30 P.M. deadline for TDS documents

Historical Stock Returns for MRF

1 Day5 Days1 Month6 Months1 Year5 Years
-0.20%-3.40%+1.93%-11.30%-11.97%+57.64%

How will this massive payout impact MRF's capital allocation plans for R&D and capacity expansion in FY2027?

What signals does this 2290% dividend send about the company's future free cash flow generation and growth prospects?

Will this high dividend yield trigger a shift in investor base towards income-focused institutional funds?

MRF recommends ₹229 final dividend for FY26

1 min read     Updated on 10 Jul 2026, 08:16 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

MRF Limited has recommended a final dividend of ₹229 per share for FY26, payable on or after August 17, 2026, with a record date of July 17, 2026. The company has mandated electronic payments and advised shareholders to update bank details and submit TDS documents by July 17. The 65th AGM is scheduled for August 6, 2026, via video conferencing.

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*this image is generated using AI for illustrative purposes only.

MRF Limited has recommended a final dividend of ₹229 per equity share for the financial year 2025-26. The board approved the proposal at its meeting held on May 7, 2026. The dividend, amounting to 2290% of the face value of ₹10 each, is subject to shareholder approval.

The final dividend will be paid on or after August 17, 2026, to shareholders whose names appear in the Register of Members as on the record date of July 17, 2026. The company has mandated that dividend payments will be processed exclusively in electronic mode, discontinuing the issuance of warrants or cheques.

Shareholders have been requested to update their bank account details with their depositories for demat holdings or directly with the company for physical shares to avoid delays. Additionally, the company will deduct Tax at Source (TDS) at the time of payment as per the Income Tax Act, 2025. Members must submit necessary documents by 5:30 p.m. on July 17, 2026, to determine the applicable TDS rate.

The company also announced that its 65th Annual General Meeting (AGM) will be held on August 6, 2026, through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The notice and annual report for FY26 will be sent electronically to members with registered email addresses, while physical copies will be dispatched upon request.

Historical Stock Returns for MRF

1 Day5 Days1 Month6 Months1 Year5 Years
-0.20%-3.40%+1.93%-11.30%-11.97%+57.64%

How will the significant 2290% dividend payout impact MRF's capital allocation strategy for FY27?

What market reaction is anticipated regarding MRF's stock price leading up to the July 17, 2026 record date?

Will the shift to exclusively electronic dividend payments influence shareholder participation rates at the upcoming AGM?

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