ICRA dividend 2026: ₹105 payout, record date July 23

Key announcement at a glance

ICRA Limited has recommended a final dividend of ₹105 per equity share (face value ₹10) for the financial year ended March 31, 2026. The recommended payout includes a special dividend of ₹35 per share to commemorate the company’s 35th year of operations. The dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The record date for determining eligibility for both the AGM and the dividend has been fixed as July 23, 2026. If approved, the dividend will be paid on or before August 21, 2026.

Dividend structure: normal plus special component

As disclosed, the ₹105 per share recommendation is a combined payout consisting of a normal dividend and a special dividend. The special dividend component is ₹35 per share, linked to the company completing 35 years of operations. The company has stated that the dividend is a “final dividend” for FY26, and the declaration becomes effective only after shareholder approval at the AGM. In percentage terms, a ₹105 dividend on a ₹10 face value implies 1,050% of face value, as referenced in the provided information.

Record date, AGM schedule, and payment timeline

ICRA’s Thirty-Fifth AGM is scheduled for July 30, 2026, at 3:30 p.m. IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The agenda includes consideration and approval of the financial statements and declaration of dividend. The record date for AGM eligibility and dividend entitlement is July 23, 2026. The company has indicated the dividend, if declared, will be paid on or before August 21, 2026.

Remote e-voting window and e-voting event number

Shareholders will be able to vote remotely ahead of the AGM. The remote e-voting period begins on July 27, 2026 at 9:00 a.m. IST and closes on July 29, 2026 at 5:00 p.m. IST. The e-voting event number (EVEN) provided is 139768. These dates matter for shareholders who plan to participate in the decision-making process without attending the virtual AGM live.

FY26 financial snapshot reported alongside the dividend

ICRA reported audited financial results for the fourth quarter and financial year ended March 31, 2026. Consolidated net profit for FY26 was reported at ₹1,825.32 crore, up 6.6% from ₹1,712.04 crore in the previous fiscal year. Another data point cited is that full-year PAT rose 6.62%. For the March quarter, a 5.91% decline in Q4 PAT to ₹52.69 crore was also referenced.

Q4 operational trends: revenue and segment growth

The information shared also flagged growth in revenue and segment performance for Q4 FY26. Q4 FY26 revenue increased 28.4% year-on-year. Within this, R&A was up 56.8% and Ratings increased 10.6% over the same period. These operational metrics provide context for the board’s decision to recommend a higher dividend compared with the previous year’s payout.

Dividend comparisons: how FY26 stacks up

The recommended ₹105 per share for FY26 is described as a 75% increase over the ₹60 per share paid in FY25. At a referenced market price of ₹5,490, the declared dividend translates to an indicated dividend yield of about 1.91%. A separate trading reference noted the ICRA share price ended at ₹5,461.50, up 0.77% in the cited session. These numbers help investors benchmark the payout relative to the share price and recent market moves, while keeping in mind the final dividend remains subject to AGM approval.

Dividend payout size and special dividend amount

ICRA disclosed the total dividend payout amount as ₹101.34 crore, including the special dividend component of ₹33.78 crore. This quantifies the cash outgo associated with the board’s recommendation. The payout figure is particularly relevant for investors tracking capital allocation decisions alongside profitability and business growth.

Dividend history provided in the disclosure

The information included a historical snapshot of ICRA’s dividends, showing both final and special dividends across multiple years. This history indicates that the company has used special dividends at least in some years, in addition to final dividends.

What shareholders should track next

The immediate next step is the AGM on July 30, 2026, where shareholders will vote on the dividend recommendation. Eligibility is tied to the record date of July 23, 2026. Investors who want to participate in the process should also note the remote e-voting window from July 27 to July 29, 2026, and the EVEN 139768. If shareholders approve the dividend, ICRA has stated it will be paid on or before August 21, 2026.