Torrent Pharma fixes May 29 record date for FY26 dividend

1 min read     Updated on 23 May 2026, 07:24 AM
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Naman SScanX News Team
AI Summary

Torrent Pharmaceuticals Limited has fixed May 29, 2026, as the record date for the final dividend for FY26, pending declaration. The announcement complies with SEBI regulations to identify eligible shareholders.

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Torrent Pharmaceuticals Limited has announced Friday, May 29, 2026, as the record date for determining the eligibility of members entitled to receive the final dividend for the financial year 2025-26. The payment of this dividend is contingent upon it being declared by the company.

The intimation was formally communicated to the National Stock Exchange of India Ltd. in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates companies to inform the stock exchanges about the record date for corporate actions such as dividend payments.

The record date is crucial for investors as it establishes the cutoff for determining which shareholders are registered on the company's books and thus eligible to receive the dividend payout. Only those shareholders holding the equity shares in their demat accounts on this specific date will qualify for the benefit, should the board declare the dividend.

Details of the Corporate Action

The following table outlines the specific details regarding the security type, record date, and the purpose of the corporate action:

Scrip Code Type of security Record Date Purpose
TORNTPHARM Equity Shares of ₹ 5 each 29 May, 2026 For deciding the name of shareholders entitled for final dividend for the year 2025-26, if declared.

The company has requested the stock exchange to take this information on record and display it on their official website to ensure all investors are informed.

Historical Stock Returns for Torrent Pharmaceuticals

1 Day5 Days1 Month6 Months1 Year5 Years
+0.38%+1.87%+8.47%+21.69%+36.40%+230.12%

What dividend per share is Torrent Pharmaceuticals' board likely to declare for FY2025-26, and how will it compare to previous years' payouts?

How might Torrent Pharmaceuticals' financial performance in FY2025-26 influence investor sentiment and stock price movement leading up to the May 29 record date?

Could Torrent Pharmaceuticals consider shifting to interim dividend distributions in future fiscal years to provide more frequent returns to shareholders?

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Torrent Pharmaceuticals Records ₹28.26 Crore Block Trade on NSE at ₹4342.90 Per Share

0 min read     Updated on 18 May 2026, 10:30 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Torrent Pharmaceuticals recorded a block trade on the NSE involving approximately 65,072 shares at a price of ₹4342.90 per share. The total value of the transaction stood at ₹28.26 crores. Such block trades are typically associated with institutional participation and are executed to minimise market impact. The trade highlights notable large-scale activity in the Torrent Pharmaceuticals counter on the exchange.

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Torrent Pharmaceuticals witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 65,072 shares changing hands at a price of ₹4342.90 per share. The total value of the transaction amounted to ₹28.26 crores, reflecting significant institutional-level activity in the counter.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Parameter: Details
Exchange: NSE
Number of Shares: ~65,072
Trade Price: ₹4342.90
Total Trade Value: ₹28.26 crores

Block trades are typically executed outside the regular order book to minimise market impact and are generally associated with large institutional investors, mutual funds, or other significant market participants. The execution of such a trade in Torrent Pharmaceuticals underscores the stock's continued relevance among large-scale market participants.

Historical Stock Returns for Torrent Pharmaceuticals

1 Day5 Days1 Month6 Months1 Year5 Years
+0.38%+1.87%+8.47%+21.69%+36.40%+230.12%

Which institutional investor or mutual fund was behind this block trade, and what does their increased or decreased stake signal about their long-term outlook on Torrent Pharmaceuticals?

How might this block trade activity influence Torrent Pharmaceuticals' stock price momentum and trading volumes in the near term?

Are there any upcoming catalysts such as earnings announcements, drug approvals, or regulatory decisions that could have prompted this large institutional transaction?

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1 Year Returns:+36.40%