N R Agarwal Industries dividend dates: record, AGM 2026

What the company announced

N R Agarwal Industries Limited has set Wednesday, August 26, 2026 as the record date to determine shareholder eligibility for its proposed final dividend for the year ended March 31, 2026. The company has recommended a final dividend of ₹2 per equity share for FY26, which equals 20% on the face value of ₹10. The dividend will be paid only if shareholders approve it at the company’s 33rd Annual General Meeting (AGM). The AGM is scheduled for Wednesday, September 02, 2026 and will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM). If approved, the company has indicated the dividend payment is expected on or before October 01, 2026. The dividend, if paid, will be subject to applicable Tax Deducted at Source (TDS) provisions under the Finance Act, 2020.

Final dividend details for FY26

The FY26 final dividend recommended by the Board is ₹2 per equity share. The payout is expressed as 20% because it is calculated on the ₹10 face value per share. The recommendation was made at a Board meeting held on May 12, 2026, as part of the items considered by the directors. Like other final dividends in India, it becomes a payable obligation only after shareholder approval at the AGM. Investors tracking corporate actions should note that eligibility is determined by the record date, not the AGM date. The company has also highlighted handling for physical shareholders, where eligibility depends on valid transmission and transposition requests lodged by the close of business on the record date.

Record date: who becomes eligible

N R Agarwal Industries has fixed August 26, 2026 as the record date for determining entitlement to the final dividend. Shareholders whose names appear in the company’s register of members or in the depository records as on this date are generally considered eligible, subject to applicable rules. For physical shareholders, the company specified that valid transmission and transposition requests must be lodged by close of business hours on August 26, 2026. This is relevant for investors holding shares in physical form where ownership details or name order changes may still be pending. The record date mechanism is central to dividend entitlements in the Indian market because it creates a single cutoff for determining who receives the payout if approved. Investors typically monitor the ex-date and record date together to understand settlement impacts.

AGM schedule and e-voting window

The 33rd AGM is scheduled for September 02, 2026 at 11:30 a.m. IST and will be conducted via VC/OAVM. Remote e-voting is available ahead of the meeting, which allows shareholders to cast votes electronically without attending in real time. The remote e-voting window opens on Sunday, August 30, 2026 at 9:00 a.m. and closes on Tuesday, September 01, 2026 at 5:00 p.m. The voting portal is routed through NSDL, as stated in the event details. The company also noted that participation through VC/OAVM counts toward the quorum as per Section 103 of the Companies Act, 2013.

Key resolutions beyond the dividend

Along with routine agenda items and the dividend approval, shareholders at the AGM will consider resolutions related to funding flexibility. The company is seeking approval to increase its borrowing powers under Section 180(1)(c) of the Companies Act, 2013 from ₹1,000 crore to ₹5,000 crore. It is also seeking approval for the creation of a mortgage or charge on assets up to ₹5,000 crore to secure financial assistance. In addition, the AGM agenda includes the reappointment of P K Mundra as Whole Time Director and CFO for a three-year term. The company will also seek to ratify the remuneration of M/s V.J. Talati & Co. as cost auditors for FY26-27.

Recent board meeting and credit update

Separately, N R Agarwal Industries had scheduled a meeting of its Board of Directors on August 05, 2026 to consider its unaudited financial results for the quarter ended June 30, 2026. The timeline matters for investors because quarterly results often influence stock reactions around corporate action dates like dividends. The company also received a rating reaffirmation from ICRA on July 17, 2026 for its enhanced bank facilities of ₹1,137.57 crore, as referenced in the provided information. Such reaffirmations typically become relevant when companies seek higher borrowing limits or plan large capex, since lenders and rating agencies focus on leverage and cash flows.

Financial performance: FY26 and Q1 FY27

N R Agarwal Industries reported FY26 net profit after tax (PAT) of ₹43.70 crore, up 147.59% from ₹17.65 crore in FY25, according to the provided figures. The company also reported FY26 revenue of ₹2,145.45 crore, up 29.32% year on year. For Q1 FY27 (quarter ended June 30, 2026), the company reported net profit of ₹34.98 crore, a 111% year-on-year increase from ₹16.55 crore in Q1 FY26. The information also states profit of ₹62.13 crore for TTM, alongside the FY26 and FY25 annual profit numbers. These figures provide context for the dividend recommendation and for the AGM resolution to increase borrowing powers.

Dividend tracking data and price points provided

The provided corporate action table shows an XD-date of August 25, 2026 with a dividend amount of 2 and dividend percentage of 20. It also lists a dividend yield figure of 0.38 and a price on that day of ₹482.25. A prior entry shows September 17, 2025 with the same dividend amount and percentage, the same yield figure of 0.38, and a price of ₹293.71. The current price stated in the provided information is ₹523.95. These datapoints are useful as reference markers for investors comparing historical dividend events with recent price levels, although they do not by themselves indicate future price behavior.

Summary table: important dates and action items

Financial and corporate action snapshot

Why these dates matter for investors

The record date is the key operational cutoff because it determines who is eligible for the dividend if shareholders approve it. For investors buying shares close to the corporate action, settlement timelines and the exchange-designated ex-date become important in practice, while the record date remains the issuer’s official eligibility date. The AGM also matters because the dividend will not be paid unless shareholders approve it, and because the meeting includes major funding-related resolutions. The proposed jump in borrowing powers to ₹5,000 crore and the ability to create charges up to ₹5,000 crore indicate the company is seeking flexibility to raise or secure larger amounts of capital. Separately, the company’s reported FY26 and Q1 FY27 profitability figures provide context for both the dividend recommendation and the broader agenda.

Conclusion

N R Agarwal Industries has laid out a clear timeline for its FY26 final dividend proposal, with August 26, 2026 as the record date and September 02, 2026 as the shareholder decision point at the 33rd AGM. Remote e-voting runs from August 30 to September 01, 2026, and any approved dividend payment is expected on or before October 01, 2026, subject to applicable TDS rules. Alongside the dividend, shareholders will vote on key resolutions including a proposed increase in borrowing powers to ₹5,000 crore and asset charge creation up to the same limit. Investors will also track corporate filings around the period, including the board-reviewed quarterly financial results for the quarter ended June 30, 2026.