Jaro Institute Declares 20% Interim Dividend of Rs. 2.00 Per Share for FY26

1 min read     Updated on 30 Dec 2025, 08:33 PM
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Riya DScanX News Team
Overview

Jaro Institute of Technology Management and Research Limited has declared an interim dividend of 20% equivalent to Rs. 2.00 per equity share for FY26. The Board approved this decision on January 2, 2026, with record date fixed as January 16, 2026, and payment deadline of January 31, 2026.

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Jaro Institute of Technology Management and Research Limited has declared an interim dividend of 20%, equivalent to Rs. 2.00 per equity share of face value Rs. 10.00 each, for the financial year 2025-26. The Board of Directors approved this decision during their meeting held on January 2, 2026, following their earlier announcement on December 30, 2025.

Board Meeting Outcome

The Board of Directors convened as scheduled and successfully concluded the meeting with the interim dividend declaration. The meeting commenced at 12:00 Noon and concluded at 12:30 PM, demonstrating efficient decision-making by the board.

Parameter: Details
Dividend Rate: 20% (Rs. 2.00 per share)
Face Value: Rs. 10.00 per equity share
Financial Year: 2025-26
Meeting Date: January 2, 2026
Meeting Duration: 12:00 Noon to 12:30 PM

Payment and Record Date Details

The company has established clear timelines for dividend payment and shareholder eligibility. The interim dividend will be paid to eligible shareholders on or before January 31, 2026. In accordance with Regulation 42 of SEBI (LODR), the Board has fixed Friday, January 16, 2026, as the record date for determining shareholder eligibility.

Timeline: Date
Record Date: January 16, 2026 (Friday)
Payment Deadline: On or before January 31, 2026
Regulatory Filing: January 2, 2026

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The communication was filed with both BSE Limited and National Stock Exchange of India Limited, where the company is listed with scrip code 544534 and symbol JARO respectively.

Shareholder Eligibility

Shareholders whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners as of the record date will be eligible for the interim dividend payment. The regulatory filing was signed by Sanjay Namdeo Salunkhe, Managing Director (DIN: 01900632), and submitted from Mumbai to both major stock exchanges where the company maintains its listing status.

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Jaro Education Renews 5-Year Partnership with SIU

2 min read     Updated on 29 Dec 2025, 02:39 PM
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Reviewed by
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Overview

Jaro Institute of Technology Management and Research Limited has extended its exclusive partnership with Symbiosis International (Deemed University) for five years. The collaboration, valued at ₹450 crores over the past three years, focuses on expanding access to undergraduate and postgraduate programmes across India. The partnership, which began in February 2023, is among Jaro's top three institutional relationships. Jaro will continue providing admissions-related services for an expanded range of Symbiosis programmes, including newly added courses in Applied Statistics and International Studies. The renewal strengthens Jaro's multi-year revenue visibility, institutional depth, and presence in the higher-education degree segment.

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Jaro Institute of Technology Management and Research Limited has announced the renewal of its exclusive partnership with Symbiosis International (Deemed University) for a five-year period, extending a collaboration that has become one of the company's most significant institutional relationships. The partnership, valued at ₹450.00 crores over the past three years, focuses on expanding access to recognised undergraduate and postgraduate programmes across India.

Partnership Performance and Financial Impact

The collaboration with Symbiosis International University has demonstrated strong performance since its inception in February 2023. Key partnership metrics include:

Parameter Details
Partnership Duration Extended to 5 years
Gross Fees Value ₹450.00 crores over past 3 years
Institutional Ranking Top 3 institutional relationships
Original Agreement February 2023 (3-year term)

The partnership focuses on supporting student counselling and acquisition for academic offerings by Symbiosis School for Online and Digital Learning Centre for Distance and online learning education (SSODL), reflecting sustained learner demand across the programme portfolio.

Programme Portfolio and Service Scope

Under the renewed agreement, Jaro Education will continue providing admissions-related services for an expanded range of Symbiosis programmes. The comprehensive programme portfolio includes established offerings and newly added courses:

Core Programmes:

  • Master of Business Administration (MBA)
  • Bachelor of Business Administration (BBA)
  • Bachelor of Computer Applications (BCA)
  • Master of Science (Computer Applications)
  • Master of Science (Data Science)
  • Bachelor of Science (Economics) Honours
  • Master of Science (Economics)
  • Master of Arts (Mass Communication)

Newly Added Programmes:

  • Master of Science (Applied Statistics)
  • Master of Arts (International Studies)

Strategic Significance and Business Impact

The partnership renewal delivers multiple strategic benefits for Jaro Education's business model. According to the company, the collaboration strengthens multi-year revenue visibility and institutional depth while enhancing scalability and operating leverage. The agreement deepens Jaro's presence in the higher-education degree segment and reinforces the company's focus on long-term, high-quality partnerships.

Jaro Education operates a scalable, asset-light, tech-enabled business model, supporting more than 268 programmes and over 350,000 learners through partnerships with more than 36 premier Indian and global institutions. The company acts as a bridge between academic institutions and learners, supporting the complete programme lifecycle from admissions and learner outreach to delivery enablement across online and hybrid formats.

Management Commentary

Commenting on the renewal, Sanjay Salunkhe, Chairman and Managing Director of Jaro Education, emphasised the partnership's alignment with the company's educational approach. He noted that Jaro's role extends beyond enabling online delivery to helping strong academic institutions scale responsibly without losing academic intent. Salunkhe highlighted Symbiosis's deep academic credibility and national reputation, stating that by taking ownership of systems around the classroom, from admissions to learner support, the partnership ensures academic strength reaches learners at scale in a structured and outcome-driven manner.

Symbiosis International (Deemed University), ranked 24th nationally, is recognised as one of India's leading multidisciplinary universities, offering programmes across management, technology, economics, data science, and media studies. The university is known for its academic rigour, industry-aligned curriculum, and national footprint, making it a strategic partner for Jaro's educational services platform.

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