Nirlon Ltd sets record date for 67th AGM and final dividend
Nirlon Limited announced September 3, 2026, as the record date for its 67th AGM and a recommended final dividend of ₹15 per share for FY25. The dividend, representing 150% of face value, requires shareholder approval at the AGM on September 18, 2026. Payments will commence on or after September 25, 2026, subject to TDS deductions.
*this image is generated using AI for illustrative purposes only.
Nirlon Limited has fixed September 3, 2026, as the record date for determining shareholders eligible for its 67th Annual General Meeting (AGM) and the payment of a recommended final dividend. This announcement provides clarity on the timeline for equity holders to claim their entitlements, with the dividend payment scheduled for on or after September 25, 2026, contingent upon shareholder approval.
The Board of Directors, in its meeting held on August 10, 2026, recommended a final dividend of ₹15 per equity share, representing 150% of the face value, for the financial year ended March 31, 2026 (FY25). This recommendation is subject to ratification by the members at the 67th AGM, which is scheduled to be held on Friday, September 18, 2026, at 12:00 noon IST.
Key Dates and Details
The following table outlines the critical dates and details regarding the book closure and record date for the equity shares:
| Scrip Code | Security Symbol | Type of Security | Book Closure Period | Record Date | Purpose |
|---|---|---|---|---|---|
| 500307 | NIRLON LTD. | Equity Shares | Sep 4, 2026 to Sep 18, 2026 | Sep 3, 2026 | 67th AGM and Final Dividend |
Shareholders holding shares in dematerialized form will be eligible for the dividend based on data provided by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as of the close of business hours on Thursday, September 3, 2026. For those holding shares in physical form, eligibility will be determined after giving effect to valid transmission and transposition requests lodged with the company on or before the same cutoff date.
Dividend Payment Process
If the recommended dividend is approved at the AGM, payments will be made on or after Friday, September 25, 2026. The company noted that tax at source (TDS) will be deducted where applicable. The dividend will be credited directly to the bank accounts of beneficial owners holding shares in demat form, while physical shareholders will receive payments through dispatch after processing valid transmission requests.
What the Numbers Show
The proposed final dividend of ₹15 per share indicates a significant return to shareholders, assuming approval. With the record date set just five days before the AGM, investors have a clear window to ensure their holdings are reflected correctly in their demat accounts or that physical transmission requests are processed by September 3, 2026. The timing aligns with standard corporate governance practices, ensuring that only shareholders present on the record date are entitled to vote at the AGM and receive the declared dividend.
Historical Stock Returns for Nirlon
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.57% | +2.49% | +2.56% | +17.81% | +17.81% | +17.81% |
How does the proposed ₹15 dividend yield compare to Nirlon's historical payout ratios and current market peers in the chemicals sector?
What are the potential implications for Nirlon's capital allocation strategy and future capex plans given this substantial cash outflow?
Could the 150% dividend payout signal management's confidence in sustained cash flows, or does it suggest a lack of high-return investment opportunities?
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
