Kalyani Steels Sets Record Date for Potential Dividend Payment
Kalyani Steels Limited has announced details regarding the record date for a potential dividend payment on its equity shares. The payment, which is subject to approval by shareholders at the upcoming Annual General Meeting, is slated for distribution in September 2026.The company specified that the dividend stands at Rs. 10/- per Equity Share, based on an Equity Share value of Rs. 5/- (equating to 200%).
Shareholders are required to meet specific criteria based on the provided dates and security type. The record date for determining eligible shareholders is set as Friday, July 31, 2026.
Key details regarding the dividend eligibility are summarized below:
| Security Type | Record Date | Potential Dividend Amount (per share) | Basis (Share Value) |
|---|---|---|---|
| Equity Shares | Friday, July 31, 2026 | Rs. 10/- | Rs. 5/- (200%) |
The payment of the dividend, provided it is approved by members at the 53rd Annual General Meeting scheduled for Thursday, August 27, 2026, will be disbursed on or before Friday, September 4, 2026.
Kalyani Steels Limited clarified that dividend payments will be made through two methods depending on how the shares are held. Beneficial owners holding their shares in dematerialized form will be paid based on data available from National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as of July 31, 2026. For members holding shares in physical form, payment will be made after valid share transmission or transposition requests have been lodged with the company or its Registrar and Transfer Agents, also as of July 31, 2026.
KSL Stock Price Movement
As of 10:55 AM, shares of Kalyani Steels Limited are slipping by 0.53%, trading at ₹916.8 after shedding ₹4.90 in early market activity. The stock has seen significant intraday pressure, with 4,229 shares traded as the equity touches a day low of ₹915.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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