Indo Borax dividend: ₹40/share record date July 21

What the company announced

Indo Borax & Chemicals Ltd has set Tuesday, July 21, 2026 as the record date to determine which shareholders will be eligible for a total dividend of ₹40 per equity share for FY26. The proposed payout includes a final dividend of ₹10 per share and a special dividend of ₹30 per share for the financial year ended March 31, 2026. The company has stated that the dividend is subject to shareholder approval at its upcoming Annual General Meeting (AGM). If approved, the dividend will be paid through electronic mode on or before Wednesday, August 26, 2026.

Dividend structure: final plus special dividend

The total dividend of ₹40 per share is split into two parts. The final dividend is ₹10 per equity share, and the special dividend is ₹30 per equity share, both linked to FY26. This structure matters because shareholders may see the special dividend as a one-time distribution, while the final dividend is typically part of the annual payout cycle. The company’s communication clearly separates the two components, which helps investors track what portion is recurring versus special.

Record date and why it matters

The record date is the cut-off used to determine shareholder eligibility for the dividend. Indo Borax & Chemicals has fixed July 21, 2026 as that cut-off. The company has also stated that, for voting eligibility, a member’s name must be recorded in the Register of Members or the Register of Beneficial Owners as of Tuesday, July 21, 2026. This aligns the dividend eligibility and voting cut-off around the same date, simplifying the corporate action calendar for shareholders.

45th AGM details: date, time, and mode

The company has scheduled its 45th AGM for Tuesday, July 28, 2026 at 11:00 a.m. IST. The AGM will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM). Indo Borax & Chemicals has also indicated that the Notice of the AGM and the Annual Report for FY 2025-26 will be dispatched electronically to members with registered email addresses. Physical copies will be sent only upon request.

Share transfer book closure window

Indo Borax & Chemicals has said the Register of Members and Share Transfer Books will remain closed from Wednesday, July 22, 2026 to Tuesday, July 28, 2026. The company has linked this closure to AGM and dividend payment purposes. This period is relevant operationally because it is part of the company’s process for finalising shareholder records during key corporate actions.

Remote e-voting window and eligibility

Remote e-voting will be available to members holding shares in physical or dematerialised form. The remote e-voting period begins on Friday, July 24, 2026 at 9:00 a.m. IST and ends on Monday, July 27, 2026 at 5:00 p.m. IST. Indo Borax & Chemicals has reiterated that eligibility to vote is based on the cut-off date of Tuesday, July 21, 2026. Shareholders in demat mode may vote through their accounts, and those holding physical shares are also entitled to e-voting rights.

Service providers and oversight for voting

The company has engaged MUFG Intime India Private Limited to facilitate remote e-voting and participation in the AGM. It has also appointed CS Sandhya R. Mahotra, partner of M/s. Manish Chit & Associates, as the Scrutinizer to oversee the e-voting process. These appointments outline the operational framework for conducting the voting process for resolutions, including the dividend approval.

Availability of the annual report and public filings

Indo Borax & Chemicals has stated that the Integrated Annual Report for the financial year 2025-26 is available on the company’s website and on the websites of BSE Limited and the National Stock Exchange of India Limited. The company has also referenced that AGM-related documents will be made available online, consistent with the VC/OAVM format.

ESOP 2026: employee stock options granted

Separately, Indo Borax & Chemicals has granted 16,88,950 options to eligible employees under its Employees Stock Option Plan 2026. The options are priced at Re. 1 each. The company has stated that these options vest between one and five years and are convertible into fully paid-up equity shares.

Key dates and dividend details at a glance

What this means for shareholders

For investors focused on the dividend, July 21, 2026 is the key date because it determines eligibility for the ₹40 per share payout, subject to shareholder approval. For governance participation, the same date also serves as the voting cut-off. The company’s emphasis on electronic dispatch of the AGM notice and electronic payment of dividend highlights that shareholders need updated email and bank details to receive communications and payments through the intended channels.

Conclusion

Indo Borax & Chemicals has laid out a clear timeline for its FY26 final and special dividend proposal, with the record date on July 21, 2026 and shareholder approval planned at the 45th AGM on July 28, 2026. The next formal step is the AGM vote, followed by dividend payment on or before August 26, 2026 if approved.