MRF fixes record date for ₹229 dividend ahead of AGM

1 min read     Updated on 15 Jul 2026, 08:04 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

MRF Limited announced July 17, 2026, as the record date for a final dividend of ₹229 per share for FY26, subject to approval at the 65th AGM on August 6, 2026. The total dividend for the year is ₹235 per share, payable on or after August 17, 2026. Remote e-voting is available from August 1 to August 5, 2026.

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MRF Limited has fixed July 17, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹229 per equity share, representing 22900% of the face value of ₹10 each for the financial year 2025-26. The dividend is subject to the approval of shareholders at the company's Sixty Fifth Annual General Meeting (AGM), scheduled for Thursday, August 6, 2026, at 11:00 A.M. via Video Conferencing. If approved, the payment will be made on or after August 17, 2026.

The total dividend for the financial year 2025-26 amounts to ₹235 per share. Shareholders have been advised to update their bank account details and submit necessary documents by 5:30 P.M. on July 17, 2026, to ensure appropriate tax deduction. The Notice of the AGM and the Annual Report for the financial year 2025-26 were sent electronically to members with registered email addresses on July 14, 2026. Physical copies will be dispatched only upon request.

The company has appointed Mr. N C Sarabeswaran or Mr. N S Vijay of The Messrs. Jagannathan & Sarabeswaran, Chartered Accountants, as the Scrutinizer for the remote e-voting process. The remote e-voting period commences on August 1, 2026, at 9:00 A.M. and ends on August 5, 2026, at 5:00 P.M. Members holding shares as on the cut-off date of July 30, 2026, are eligible to vote.

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 (22900% of face value ₹10)
Remote E-voting Start August 1, 2026 9:00 A.M.
Remote E-voting End August 5, 2026 5:00 P.M.

Historical Stock Returns for MRF

1 Day5 Days1 Month6 Months1 Year5 Years
-0.74%+0.55%-1.42%-2.86%-8.00%+63.85%

How will this massive 22900% dividend payout impact MRF's free cash flow and capital expenditure plans for the upcoming fiscal year?

What market signals does this exceptionally high dividend yield suggest regarding MRF's future growth prospects and reinvestment strategy?

How might the approval of this dividend influence investor sentiment and share volatility leading up to the August 2026 AGM?

MRF recommends ₹229 final dividend for FY26

1 min read     Updated on 10 Jul 2026, 08:16 PM
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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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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
-0.74%+0.55%-1.42%-2.86%-8.00%+63.85%

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?

More News on MRF

1 Year Returns:-8.00%