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NSDL dividend record date: Sep 11, 2026 ahead of AGM

NSDL

National Securities Depository Ltd

NSDL

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What NSDL announced

National Securities Depository Limited (NSDL) has announced September 11, 2026 as the record date for its dividend for the financial year ended March 31, 2026. The record date determines which shareholders are eligible to receive the dividend, subject to approvals. The company said the dividend was recommended by its Board of Directors at a meeting held on April 30, 2026. NSDL also outlined the timeline for shareholder approval and the expected payment deadline. The announcement is relevant for investors tracking corporate actions and eligibility cut-offs.

Record date and why it matters

The record date has been fixed as Friday, September 11, 2026. Shareholders who hold NSDL equity shares on the record date are considered eligible for the proposed dividend. Corporate actions such as dividends are typically linked to record dates to identify the shareholder base entitled to receive the payout. Investors usually monitor record dates alongside ex-dividend dates, since eligibility depends on whether shares are held by the cut-off. NSDL’s communication is aimed at ensuring shareholders understand the timing and requirements.

NSDL’s Board has recommended a dividend of ₹4 per equity share. The company stated the equity share has a face value of ₹4 each, and described the dividend as representing a 200% payout ratio. The dividend is not final until shareholders approve it. The recommendation was made at the Board meeting held on April 30, 2026. The company also clarified that the eventual payment will be subject to deduction of tax at source.

AGM schedule and mode of meeting

NSDL’s 14th Annual General Meeting (AGM) is scheduled for Tuesday, September 22, 2026 at 11:30 A.M. The company said the AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). It also noted that, in line with guidelines from the Ministry of Corporate Affairs and SEBI, the proceedings will be deemed to be conducted at the company’s registered office in Mumbai. This is consistent with the way many listed companies structure AGMs when conducted through VC/OAVM.

When the dividend will be paid

If shareholders approve the dividend at the 14th AGM, NSDL said the dividend will be paid on or before Thursday, October 22, 2026. The company has explicitly linked the payment timeline to shareholder approval and reminded investors that tax at source will be deducted as applicable. For investors, the payment deadline provides clarity on when funds may be credited, assuming the resolution is passed.

Key FY26 dividend dates at a glance

The following table summarises the core corporate action details provided by NSDL for the proposed FY26 dividend.

ParticularsDetails
Record DateSeptember 11, 2026
AGM DateSeptember 22, 2026
AGM Time11:30 A.M.
Dividend per share₹4
Face value per share₹4
Payout ratio (as stated)200%
Payment deadline (if approved)October 22, 2026
Payment conditionSubject to shareholder approval and tax at source

Contact and registered office information shared

NSDL’s communication included contact details linked to the corporate action. The postal address listed is 301, 3rd Floor, Naman Chambers, Plot C-32, G-Block, Bandra Kurla Complex, Bandra East, Mumbai - 400 051. The contact number provided is 02269448400. The email address mentioned is csdepository@nsdl.com. Such details are typically included for shareholder queries related to notices, corporate actions, and investor communications.

Previous dividend references mentioned for 2025

The material also references NSDL’s earlier dividend-related disclosures for 2025. NSDL fixed Friday, September 19, 2025 as the record date for a dividend of ₹2 per equity share of face value ₹2 each, described as a 100% payout. It also referenced that the Board recommended the ₹2 dividend at its meeting held on May 23, 2025. The 13th AGM was scheduled for September 29, 2025, and the dividend, if approved, was to be paid on or before October 28, 2025, subject to deduction of tax at source. The ex-date cited for that dividend was also September 19, 2025.

Item (FY25 reference)Detail
Record date19-Sep-2025
Ex-date (as stated)19-Sep-2025
Dividend per share₹2.00
Face value per share₹2
Board meeting date (recommendation)May 23, 2025
AGM dateSeptember 29, 2025
Payment deadline (if approved)October 28, 2025

Company profile context included in the material

NSDL is described as India’s central securities depository, based in Mumbai, established in August 1996 as the first electronic securities depository in India with national coverage. The material also states that, as of 2025, its demat accounts held assets worth ₹464 lakh crore. It lists NSDL as traded on BSE under the symbol 544467, with ISIN INE301O01023. The information also names Vijay Chandok as MD and CEO. Ownership details cited include IDBI Bank (26.1%), NSE (24%), HDFC Bank (8.9%), and SUUTI (6.83%).

What shareholders should watch next

The immediate next milestone is the shareholder vote at the 14th AGM on September 22, 2026. The dividend becomes payable only if shareholders approve the Board’s recommendation. Investors tracking the dividend should focus on the record date of September 11, 2026 and the stated payment deadline of October 22, 2026. Shareholders may also want to keep their bank and tax details updated with their depository participant for smooth processing, since the company has flagged tax at source.

Conclusion

NSDL has set September 11, 2026 as the record date for its proposed FY26 dividend of ₹4 per share, with shareholder approval scheduled at the September 22, 2026 AGM. If approved, payment is due on or before October 22, 2026, subject to tax deduction at source.

Frequently Asked Questions

NSDL has fixed September 11, 2026 as the record date for the dividend for the financial year ended March 31, 2026.
The Board has recommended a dividend of ₹4 per equity share of face value ₹4, subject to shareholder approval.
NSDL’s 14th AGM is scheduled for September 22, 2026 at 11:30 A.M. via Video Conferencing (VC) or Other Audio Visual Means (OAVM).
If approved by shareholders, NSDL said the dividend will be paid on or before October 22, 2026, subject to deduction of tax at source.
The material references a record date of September 19, 2025 for a dividend of ₹2 per share (face value ₹2), subject to shareholder approval at the 13th AGM.

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