Thangamayil Jewellery dividend Rs 18 for FY26 AGM July 29

Board recommends FY26 dividend

Thangamayil Jewellery Ltd. has proposed a dividend of ₹18.00 per equity share for the financial year 2025-26, subject to shareholder approval. The company stated that this dividend works out to 180% on the face value of ₹10 per share. The recommendation was made by the Board and will be placed before shareholders at the company’s Annual General Meeting (AGM). Alongside the dividend proposal, the Board also outlined a set of AGM agenda items that shareholders will vote on.

The data shared with the announcement also carried a dividend yield figure around the 0.33%-0.34% range, with another reference citing 0.36. These yield figures are typically derived from the dividend amount relative to the prevailing share price at the time of calculation, and can vary across data sources and dates. What is clear from the filing is the per-share dividend proposed and the process timeline for shareholder approval.

Record date and voting cut-off

The company fixed the cut-off date and record date for the dividend as July 22, 2026. This date is important for investors because eligibility for dividend payment is generally determined based on shareholding as of the record date. The company also disclosed that the payment date will be announced after shareholders approve the dividend at the AGM scheduled for July 29, 2026.

For shareholder voting and related corporate actions, Thangamayil Jewellery said the register of members will remain closed from July 23, 2026 to July 29, 2026 (both days inclusive). Such book-closure periods are routinely used to determine eligible shareholders for voting and dividend-related entitlements.

26th AGM date and venue details

The 26th AGM is scheduled for July 29, 2026. The venue disclosed for the meeting is Tamilnadu Chamber of Commerce & Industry, No. 178-B, Kamarajar Salai, Madurai – 625009. The location matters for shareholders who plan to attend the AGM in person, and it also indicates the company’s continued AGM hosting in Tamil Nadu.

The company’s address is listed as No.124, Nethaji Road, Madurai, Tamil Nadu - 625001, and a contact email is provided as companysecretary@thangamayil.com. These are the standard reference points for shareholders who may need procedural clarifications on voting, dividend documentation, or AGM participation.

Agenda items shareholders will vote on

Beyond the dividend, shareholders will vote on ordinary business items. These include adoption of the financial statements, re-appointment of a director, and declaration of dividend. The re-appointment item specifically named Director Smt. Yamuna Vasini Deva Dasi.

The Board communication also referenced resolutions regarding remuneration revisions and acceptance of deposits. While the note does not detail the revised remuneration structure or deposit terms, it makes clear that these matters will be placed before shareholders as part of the AGM agenda. Investors generally track such resolutions because they can affect governance oversight, compliance requirements, and capital management practices.

Dividend outgo rises versus previous year

Thangamayil Jewellery said the total dividend outgo for FY26 is expected to be ₹55.95 crore, compared with ₹38.85 crore paid in the previous financial year. This represents a higher cash payout in absolute terms, reflecting the larger per-share dividend proposed for FY26.

A higher total dividend outgo can be relevant for investors assessing the company’s capital allocation. However, the final payout remains conditional on shareholder approval at the AGM. The company also indicated that the dividend amount is proposed for FY26 and is not yet declared as payable until the approval process is completed.

Key dates at a glance

How this compares with past dividends

The company’s disclosed dividend history shows both interim and final dividends in recent years, along with ex-dividend dates. This context helps shareholders compare the FY26 proposal with prior payouts. The FY25 final dividend listed is ₹12.50 per share (final), while FY24 included a final dividend of ₹6.00 per share and an interim dividend of ₹4.00 per share.

Market impact and what shareholders track next

For market participants, the key near-term factor is the AGM outcome because the proposed ₹18 dividend is subject to shareholder approval. The record date of July 22, 2026 is also a key operational date for investors managing eligibility. Book closure between July 23 and July 29, 2026 can matter for those tracking corporate-action timelines.

Investors may also watch for the company’s announcement of the dividend payment date, which is expected only after the AGM approval. Separately, AGM resolutions related to remuneration revisions and deposit acceptance will be monitored by governance-focused shareholders, since these topics can influence compliance obligations and board oversight.

Conclusion

Thangamayil Jewellery’s Board has recommended a ₹18 per share dividend for FY26, with a July 22, 2026 record date and shareholder approval scheduled at the 26th AGM on July 29, 2026 in Madurai. The company has also indicated a higher total dividend outgo of ₹55.95 crore for FY26 versus ₹38.85 crore in the prior year. The next confirmed milestone is the AGM vote, after which the company plans to announce the dividend payment date.