Nirlon Dividend Update FY26: Final Rs 15 Proposed

What Nirlon has announced

Nirlon Limited has disclosed multiple dividend-related updates across FY2024-25 and FY2025-26, including interim and proposed final dividends, record dates, and payment completion updates filed with the stock exchange. For FY2025-26, the company’s Board of Directors, at a meeting held on May 25, 2026, recommended a final dividend of INR 15.00 per equity share of face value INR 10 each. The recommendation is subject to shareholder approval at the company’s ensuing 67th Annual General Meeting, as stated in the disclosure.

The company had also already declared and paid an interim dividend for FY2025-26, and later confirmed completion of that payment through official communication to BSE Limited. These announcements matter to investors tracking total shareholder payout, key dates for eligibility, and compliance-related disclosures such as trading window closure.

FY2025-26: Final dividend recommendation by the board

In its May 25, 2026 board meeting outcome, Nirlon stated that the Board recommended a final dividend of INR 15.00 per equity share (face value INR 10 each), described as 150%. The disclosure also clarified that the final dividend is subject to shareholder approval at the 67th AGM and is subject to applicable legal provisions.

Separately, the company had informed the exchange that a board meeting was scheduled on May 25, 2026 at 12:30 PM IST to, among other items, review and approve audited financial results for the year ended March 31, 2026 and consider a final dividend recommendation for FY2025-26. That agenda also included review of the Annual Secretarial Compliance Report for FY2025-26 and consideration of appointments of internal auditors and cost auditors for FY2026-27.

FY2025-26: Interim dividend approved and paid

For FY2025-26, Nirlon’s Board meeting held on February 10, 2026 approved an interim dividend of INR 15.00 per equity share of INR 10 each (150%), subject to deduction of tax at source. The company fixed February 20, 2026 as the record date for determining shareholder entitlement to the interim dividend.

Nirlon later confirmed the successful completion of the interim dividend payment. As per the disclosure, the interim dividend of Rs 15 per share was paid on March 2, 2026. The company’s communication referenced the earlier board decision of February 10, 2026 and the record date of February 20, 2026.

Eligibility: record date and depository process

Nirlon’s disclosures also outline how dividend entitlement is determined across demat and physical shareholding. For shares held in dematerialised form, dividend eligibility is based on the beneficial owner details provided by NSDL and CDSL as on the record date. For physical holdings, eligibility is based on the register of members, after considering valid transmission and/or transposition requests lodged with the company by the close of business hours on the record date.

This is relevant for shareholders planning trades around the record date, and for those who need to ensure corporate action-related requests are processed in time.

FY2024-25: Interim paid, final proposed, and key dates

The text also references FY2024-25 dividend actions. It states that an interim dividend of Rs 15.00 per equity share (face value Rs 10 each) amounting to Rs 135.18 crore was declared at a board meeting held on February 13, 2025 and paid during FY2024-25.

For FY2024-25, the Board meeting held on May 21, 2025 recommended a final dividend of Rs 11.00 per equity share (face value Rs 10 each) amounting to Rs 99.13 crore, subject to approval at the company’s 66th AGM. The record date for that final dividend was stated as Thursday, September 11, 2025. A separate line in the supplied text also notes a final dividend payable on October 1, 2025 for the year ended March 31, 2025.

Trading window closure and compliance disclosures

Nirlon also communicated a trading window closure tied to the FY2025-26 results process. As per the board meeting notice, the trading window was closed from April 1 to May 27, 2026 under insider trading regulations, in connection with the review of audited results and dividend recommendation.

The notice also said the company complied with publication requirements by issuing newspaper notices in Business Standard and Navakal.

Financial performance snapshot mentioned in the disclosures

Alongside the dividend update, the supplied text includes a performance datapoint for Q3FY26. Nirlon reported revenue from operations of Rs 169.93 crore and profit after tax of Rs 69.32 crore for Q3FY26, and described this as representing 18.90% growth. The disclosure also mentioned that an earnings conference call audio recording dated February 11, 2026 was made available on the company website for investor access.

Key numbers and dates at a glance

Why the dividend sequence matters for investors

The disclosures lay out a clear sequence of actions: an interim dividend decision with a defined record date and completed payout, followed by a board recommendation for a final dividend that requires shareholder approval at the AGM. This helps investors distinguish between dividends that are already paid versus those that remain subject to approval.

For FY2024-25, the combination of an interim dividend outflow of Rs 135.18 crore and a proposed final dividend outflow of Rs 99.13 crore provides a view of the company’s stated payout actions for that year. For FY2025-26, the interim payout and the proposed final dividend of Rs 15 per share indicate that the company has continued to use both interim and final payouts.

Conclusion

Nirlon Limited’s recent exchange filings show an interim dividend of Rs 15 per share for FY2025-26 that was paid on March 2, 2026 and a final dividend of Rs 15 per share recommended on May 25, 2026, pending shareholder approval at the 67th AGM. The company has also provided record date details and demat eligibility mechanics, alongside compliance disclosures such as trading window closure connected to the audited results process.