UTI Asset Management Recommends Final Dividend of ₹40 Per Equity Share for FY 2025-26
UTI Asset Management Company Limited has recommended a final dividend for the financial year 2025-26. The Board of Directors proposed a dividend of ₹40 per equity share, which represents 400% of the face value of the ₹10 equity shares. This recommendation was made during a board meeting held on April 23, 2026, and is subject to approval by members at the forthcoming Annual General Meeting.To determine the eligibility of shareholders for the proposed final dividend, UTI Asset Management Company Limited has set specific record dates and book closure periods.
The key operational details related to the distribution are as follows:
| Event | Date / Period |
|---|---|
| Record Date | Tuesday, July 14, 2026 |
| Book Closure | Wednesday, July 15, 2026, to Tuesday, July 21, 2026 (inclusive) |
The record date of July 14, 2026, is designated for ascertaining the shareholders who will be eligible to receive the payment. Eligible members must have their names appearing in the list of beneficial owners furnished by the Depositories or in the Company's register of members maintained by the Registrar and Share Transfer Agent as of the end of business hours on that date.
The company announced that the register of members and share transfer books will remain closed from July 15, 2026, to July 21, 2026, for determining entitlement for the final dividend. The payment of the final dividend is contingent upon the approval of the members at the Annual General Meeting.
UTIAMC Stock Price Movement
On Wednesday, shares of UTI Asset Management Company Limited shed 0.82%, settling at ₹936.20 in the closed market. The equity saw a total traded volume of 148,035 during the 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.