Skyways Air Services sets ₹0.65 per share dividend record date
- Record date fixed for September 23, 2026
- Proposed dividend of ₹0.65 per share (6.5%)
- Book closure from September 24 to September 30, 2026
- AGM scheduled for September 30, 2026
*this image is generated using AI for illustrative purposes only.
Skyways Air Services has fixed September 23, 2026 as the record date to determine shareholders eligible for the financial year 2025-26 dividend. The company intends to pay ₹0.65 per equity share, representing a dividend yield of 6.5% on the face value.
The payout is subject to declaration at the Annual General Meeting (AGM). If approved by shareholders, the dividend will be disbursed within 30 days of the declaration date.
Corporate Action Details
The company has outlined specific dates for the AGM and related compliance requirements under Regulation 42 of the SEBI (Listing Obligations & Disclosure) Regulations, 2015.
| Event | Date |
|---|---|
| Dividend Record Date | September 23, 2026 |
| Book Closure Start | September 24, 2026 |
| Book Closure End | September 30, 2026 |
| AGM Date | September 30, 2026 |
Shareholders holding units on the record date will be eligible for the proposed distribution. The book closure period runs from September 24, 2026, to September 30, 2026, during which no transfer of shares will be processed.
Voting Procedures
Skyways Air Services has designated September 23, 2026, as the cut-off date for determining shareholders eligible for remote e-voting at the AGM. This aligns with the dividend record date, ensuring consistent eligibility criteria for both dividend receipt and voting rights.
Historical Stock Returns for Skyways Air Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.64% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
How does the proposed 6.5% dividend yield compare to Skyways Air Services' historical payout ratios and current industry averages?
What is the expected impact on Skyways Air Services' cash reserves and future capital expenditure plans following this dividend payout?
Will the upcoming AGM address any strategic initiatives or operational challenges beyond the approval of the FY25-26 dividend?
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