The Phosphate Company Limited has announced the book closure and record date for its final dividend payment for the fiscal year ended March 31, 2026. The company confirmed the timeline in a notice published on August 29, 2026.

Key Dates and Schedule

The register of members and share transfer books will remain closed from Thursday, September 17, 2026 to Wednesday, September 23, 2026. Both days are inclusive in the closure period. Shareholders holding shares on the record date will be eligible for the dividend if approved at the upcoming annual general meeting.

The company has fixed September 16, 2026 as the record date for determining entitlements. This date precedes the AGM by one day, aligning with standard corporate governance practices for dividend declarations.

Annual General Meeting Details

The 77th Annual General Meeting will be held on Wednesday, September 23, 2026 at 11:30 am. The meeting will be conducted through video conferencing or other audio-visual means, facilitated by National Securities Depository Ltd (NSDL). This mode of convening allows remote participation for all registered shareholders.

Remote e-voting facilities are available from Sunday, September 20, 2026 at 9:00 am until Tuesday, September 22, 2026 at 5:00 pm. Shareholders holding shares in physical or dematerialized form as of the cut-off date can cast their votes electronically during this window. The e-voting module will be disabled by NSDL after the deadline.

The notice of the AGM and the annual report for the financial year ended March 31, 2026 were dispatched via email to members with registered email IDs on August 29, 2026. The documents are also available on the company website, BSE Limited, CSE Limited, and the NSDL e-voting portal.

What the Numbers Show

The timing of the record date relative to the AGM indicates that dividend eligibility is determined prior to shareholder approval of the financial statements. This structure is common in Indian listed companies, where the board proposes dividends based on audited results, but final approval rests with shareholders. The three-day voting window provides ample time for remote participation before the meeting concludes.

The Phosphate Company phosphate company reported a 31% year-on-year increase in net profit to ₹4.52 crore for FY26, driven by an 8% revenue rise to ₹149.17 crore. The company’s earnings per share grew from ₹9.60 to ₹12.53. The Board of Directors has recommended a final dividend of ₹2 per equity share, pending shareholder approval at the upcoming Annual General Meeting.

Financial Performance

Gross revenue reached ₹149.17 crore, up from ₹137.77 crore in FY25. EBITDA expanded by 21% to ₹10.56 crore. The improvement in profitability occurred despite significant volatility in raw material markets, particularly Sulphuric Acid and Spent Acid. Management attributed the resilient growth to disciplined procurement, efficient manufacturing, and improved market realisations supported by favourable monsoon conditions and higher subsidy support.

Operational Highlights

Production of Green Single Super Phosphate (SSP) fertiliser increased by approximately 3% to 75,890 MT. Sales of SSP (powder and granulated combined) grew by more than 6% to 77,458 MT. The company also expanded its product portfolio by marketing imported Di-Ammonium Phosphate (DAP) and launching Specialty Nutrient and Crop Protection Chemicals under the SAMADHAN brand.

Dividend and AGM Details

Shareholders will consider the adoption of financial results and the proposed 20% final dividend at the 77th Annual General Meeting scheduled for September 23, 2026. The register of members will remain closed from September 17, 2026, to September 23, 2026. The record date is set at September 16, 2026. Remote e-voting via NSDL opens on September 20, 2026, at 9:00 am and closes on September 22, 2026, at 5:00 pm.

Corporate Governance Actions

The agenda includes the re-appointment of Ajay Bangur as a director by rotation. Additionally, shareholders will approve the continuation of Gautam Bhattacharya as an independent director via a special resolution to ensure compliance with Regulation 25(2A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Both directors attended four board meetings in FY26. Bangur holds 44,194 shares in the company, while Bhattacharya has no shareholding.

Auditor Ratification

Members are asked to ratify the remuneration of M/s S. Gupta & Co., Cost & Management Accountants, as cost auditors for FY27. The approved fee is ₹17,500 plus applicable taxes and out-of-pocket expenses.