Steel Authority of India Limited (SAIL) has fixed Wednesday, September 30, 2026, as the record date for determining shareholder eligibility for its proposed final dividend for FY 2025-26, the company said in a BSE filing dated August 21, 2026.

The board has recommended a final dividend of Rs 2.35 per equity share with a face value of Rs 10 each. The payout represents 23.50% of the company’s paid-up equity share capital and remains subject to approval by shareholders at the ensuing Annual General Meeting.

Eligibility and dividend payment timeline

Shareholders whose eligibility is established as of the September 30 record date will be considered for the final dividend. The record date determines entitlement and should not be confused with the payment date.

If shareholders approve the board’s recommendation at the AGM, the company will pay the dividend, subject to tax deducted at source, within 30 days from the date of shareholder approval.

  • Dividend type: Final dividend for FY 2025-26
  • Recommended payout: Rs 2.35 per equity share
  • Face value: Rs 10 per equity share
  • Dividend rate: 23.50%
  • Record date: September 30, 2026

AGM scheduled for September 24

SAIL will hold its 54th Annual General Meeting on Thursday, September 24, 2026, at 10:30 am through video conferencing or other audio-visual means.

The AGM notice and the company’s annual report for the financial year ended March 31, 2026 will be sent in due course. The annual report will contain the audited financial statements, including consolidated financial statements, along with the auditors’ report, the board’s report and other required reports.

The company said its board had recommended the final dividend at its meeting held on May 15, 2026. The latest exchange disclosure concerns the AGM schedule, record date, eligibility conditions and payment timeline; it does not announce dividend payment before shareholder approval.

Source: BSE corporate announcement.