Minda Corporation Approves Final Dividend of Rs. 0.80 Per Share; Sets Record Date and AGM
Minda Corporation Limited announced key decisions regarding its final dividend payment for the financial year 2025-26, following a meeting of its Board of Directors held on Friday, May 22, 2026.The Board of Directors approved a final dividend of 40%, amounting to Rs. 0.80 per equity share. This dividend recommendation covers 239,079,428 equity shares, each having a face value of Rs. 2. The dividend is subject to the final approval of the shareholders at the upcoming 41st Annual General Meeting.
The company has also finalized the schedule for the payout and the shareholder meeting.
Key details of the dividend declaration and company timeline are provided below:
| Detail | Value |
|---|---|
| Dividend Rate | 40% (Rs. 0.80 per share) |
| Total Shares Considered | 239,079,428 equity shares |
| Ex-Dividend Record Date | Friday, August 14, 2026 |
| Annual General Meeting (AGM) | Friday, August 21, 2026 (41st AGM) |
| Dividend Payment Date | On or before Friday, September 18, 2026 |
The 41st Annual General Meeting of Minda Corporation Limited is scheduled for Friday, August 21, 2026. The record date of August 14, 2026, has been fixed for the purpose of determining the eligibility of shareholders for the payment of the final dividend for the financial year 2025-26. The company expects to disburse the dividend on or before September 18, 2026.
MINDACORP Stock Price Movement
Shares of Minda Corporation Limited are edging higher to ₹585.4 as of 12:11 PM today, gaining 1.87% in live trading. The stock has seen strong activity during the session, tracking a volume of 2.02 million shares and finding support between ₹582.55 and ₹603.75.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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