Nirlon dividend: ₹15 final payout and key 2026 dates

What Nirlon has announced

Nirlon Limited has informed stock exchanges about key dates linked to its 67th Annual General Meeting (AGM) and a recommended final dividend. The company has proposed a final dividend of ₹15 per equity share, which is described as 150% of face value. The dividend remains subject to shareholder approval at the forthcoming AGM.

The company also disclosed that its occupancy rates held steady at 99.7%, a metric investors often track for businesses with leased commercial assets. Alongside the dividend timeline, Nirlon’s filings also refer to board meetings held and scheduled in 2026 for dividend recommendations and financial result approvals.

Final dividend details: ₹15 per share, subject to approval

As per the disclosures, the Board has recommended a final dividend of ₹15 per equity share (face value ₹10 each). The company has stated that the payout requires shareholder approval at the AGM. The dividend is presented as 150% of face value, consistent with the ₹15 amount on a ₹10 face value share.

Separately, Nirlon also communicated that its board would meet on August 10, 2026 to review unaudited financial results for the quarter ended June 30, 2026, and to finalise corporate actions related to the proposed final dividend, including the record date or book closure date.

Record date, book closure, and AGM schedule

Nirlon has fixed September 3, 2026 as the record date for determining eligible shareholders for the 67th AGM and the recommended final dividend. The AGM is scheduled for Friday, September 18, 2026 at 12:00 noon IST.

The company also disclosed a book closure period from September 4, 2026 to September 18, 2026. For shareholders holding shares in dematerialised form, eligibility will be based on beneficiary position data provided by NSDL and CDSL as of close of business hours on September 3, 2026. For shareholders holding physical shares, eligibility will be determined after giving effect to valid transmission and transposition requests lodged with the company on or before the same cutoff date.

When the dividend may be paid

If shareholders approve the recommended final dividend at the AGM, Nirlon has said the payments will be made on or after Friday, September 25, 2026. The company also noted that payments will be subject to applicable TDS deductions.

This sequence aligns with standard dividend processing timelines, where eligibility is determined on the record date, shareholder approval is taken at the AGM, and payment follows after internal and regulatory processes are completed.

Trading window closure: July 1 to August 12, 2026

Nirlon has also stated that its trading window will remain closed from July 1, 2026 to August 12, 2026. The closure applies to directors, promoters, designated employees, and connected persons, as the company prepares to release quarterly results and complete dividend-related decisions.

The company specified that the window would remain shut until 48 hours after the results are declared, which is consistent with common compliance practices under insider trading regulations.

FY2025-26 results snapshot: profit and revenue growth

In the disclosures provided, Nirlon’s audited financial results for the year ended March 31, 2026 show a net profit of ₹3,460 crore, up 58.6% from ₹2,182 crore in the previous year. Revenue from operations rose to ₹6,833 crore.

The board approved these audited results on May 25, 2026 and recommended the final dividend of ₹15 per share alongside the results. The same set of filings also notes that an interim dividend of ₹15 per share had been paid earlier, implying a total dividend payout of ₹30 per share for the year.

Interim dividend already paid earlier in FY2025-26

The provided information indicates an interim dividend of ₹15 per share for FY2025-26, with references to it being paid on March 2, 2026. Separate dividend detail lines also mention an announcement date of February 10, 2026 and an ex-date and record date of February 20, 2026 for a ₹15 cash dividend.

With a final dividend of ₹15 per share recommended for the same financial year period, the disclosures state that the aggregate dividend for the year totals ₹30 per share, subject to final dividend approval at the AGM.

Key dates and reference details (as disclosed)

Financial and operating indicators mentioned

Why the timeline matters for shareholders

For investors tracking dividends, the record date is the operational cutoff that determines who is eligible to receive the final dividend, if it is approved. The book closure period is also relevant for share transfer processing and corporate action finalisation around the AGM.

The disclosures also clarify how eligibility is determined across demat and physical holdings, which can matter for shareholders who have pending transmission or transposition requests. Finally, the stated payment timeline provides a clear window for when cash flows may be credited, subject to shareholder approval and TDS.

What to watch next

The final dividend becomes payable only after shareholders vote on it at the 67th AGM scheduled for September 18, 2026. Separately, the board meeting on August 10, 2026 is slated to consider and approve the unaudited financial results for the quarter ended June 30, 2026, along with the auditor’s limited review report and other related corporate action steps.

If the dividend is approved at the AGM, Nirlon has indicated that payments will commence on or after September 25, 2026, subject to applicable tax deductions.