DMCC Speciality Chemicals Announces Record Date for Dividend Payment and AGM Details
DMCC Speciality Chemicals Limited has announced key dates related to the dividend payment, following the recommendation made at its Board Meeting held on May 15, 2026. The company provided an intimation detailing the record date, voting periods, and conditions governing the payout of the recommended dividend.The board had recommended a dividend of @25%, equivalent to Rs 2.5/- per Equity Share, where each share has a face value of Rs 10/-.
Investors are provided with the following critical dates for the dividend declaration and related activities:
| Event | Date / Period |
|---|---|
| Record Date for Dividend | Friday, August 21, 2026 |
| AGM / Dividend Declaration Date | Friday, September 11, 2026 |
| E-voting cut-off date | Friday, September 04, 2026 |
| E-voting period | Tuesday, September 8, 2026 (9.00 am) to Thursday, September 10, 2026 (5.00 pm) |
The dividend payment is conditional upon approval by the Shareholders during the Annual General Meeting (AGM), which is scheduled for September 11, 2026.
Dividend Payment and Eligibility
The company specified that the dividend will be paid to shareholders whose names are registered in the 'Register of Members' as of the record date, provided it is approved at the AGM. The payment timeline is set for within 30 days following approval by the AGM, subject to deduction of tax at source.Payment eligibility details were outlined based on how shares are held:
- Beneficial Owners: Payment will be made to all Beneficial Owners as of the end of the day on Friday, August 21, 2026, using the list furnished by National Securities Depository Limited and Central Depository Services (India) Limited for shares held in electronic form.
- Physical Shareholders: Payment will be made to members registered in the Company's Register of Members as of Friday, August 21, 2026, concerning shares held in physical form.
In response to specific procedural requirements regarding dividend payment, the company also noted that shareholders holding shares in physical form who have not updated their KYC details before the record date may experience delayed payments. These shareholders were advised to update their KYC and bank account details by submitting Forms ISR-1, ISR-2, and SH-13 to the RTA, MUFG Intime India Private Limited, within specified timelines.
DMCC Stock Price Movement
DMCC SPECIALITY CHEMICALS LIMITED shares surged today, settling at ₹316.90 after gaining 14.14%. The stock traded within an intraday range of ₹275.00 to ₹326.00, with a total volume of 1,239,241 shares recorded during the trading session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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