Jindal Stainless Limited (JSL) has announced a significant update for its shareholders regarding the final dividend for the financial year 2024-25. The company has set August 22, 2025, as the record date to determine shareholder eligibility for the dividend payout.

Dividend Details

JSL has proposed a final dividend of INR 2.00 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM). This dividend applies to equity shares with a face value of INR 2.00 each.

Eligibility Criteria

Shareholders whose names appear in the following records as of August 22, 2025 (close of business hours) will be eligible for the dividend:

• Beneficial Owners list provided by the Depositories for shares held in electronic form
• Register of Members of the Company for shares held in physical form

Payment Timeline

The company has stated that the dividend, if declared at the AGM, will be paid within 30 days of the AGM date. The payment will be subject to applicable tax deductions at source.

Corporate Actions

In compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, JSL has officially informed the stock exchanges - BSE Limited and National Stock Exchange of India Ltd. - about the record date fixation.

Q1 FY26 Earnings Call

In related news, Jindal Stainless Limited held its Q1 FY26 Earnings Call on August 7, 2025, at 4:00 P.M. The audio recording of this call has been made available on the company's website for investors and analysts who may have missed the live session.

Investors and shareholders of Jindal Stainless Limited should mark their calendars for the upcoming AGM and the record date to ensure they don't miss out on important corporate actions and potential dividend benefits.

Jindal Stainless Limited (JSL), a leading stainless steel manufacturer, has reiterated its commitment to robust growth and operational efficiency for the fiscal year 2026. The company has maintained its volume growth target and provided guidance on key financial metrics, signaling confidence in its strategic direction.

Volume Growth and EBITDA Guidance

Jindal Stainless has reaffirmed its volume growth target of 9-10% for FY26, demonstrating the company's optimistic outlook on market demand and its production capabilities. In addition to the growth target, JSL has provided EBITDA guidance in the range of ₹19,000.00-21,000.00 per ton, indicating its focus on maintaining strong profit margins amidst expanding operations.

Capacity Utilization Goals

The company has set ambitious targets for capacity utilization, aiming to reach 80-85% by the end of FY26. This goal suggests that Jindal Stainless is working towards optimizing its production facilities to meet the increasing demand in the stainless steel market.

Chomeni Subsidiary Performance

Jindal Stainless' subsidiary, Chomeni, is also targeting significant improvements in its operational efficiency. The company expects Chomeni to achieve 80-85% capacity utilization by the second half of FY26, aligning with the parent company's goals and potentially contributing to the overall growth strategy.

Recent Earnings Call

As part of its commitment to transparency and investor relations, Jindal Stainless held an earnings call to discuss its Q1FY26 financial results. The company has made the audio recording of this call available on its official website, allowing investors and analysts to gain deeper insights into its performance and future outlook.

Navneet Raghuvanshi, Head-Legal, Company Secretary & Compliance Officer of Jindal Stainless Limited, confirmed the availability of the earnings call recording in a communication to the BSE Limited and the National Stock Exchange of India Ltd.

The reaffirmation of growth targets and the focus on improving capacity utilization across its operations suggest that Jindal Stainless is positioning itself for sustained growth in the coming years. Investors and industry observers will likely keep a close watch on the company's progress towards these ambitious goals as FY26 unfolds.