VST Tillers FY26 dividend: ₹25 final, AGM dates
VST Tillers Tractors Ltd
VSTTILLERS
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Dividend proposal for FY26
VST Tillers Tractors has recommended a final dividend of ₹25 per equity share for the financial year ended March 31, 2026. The dividend is proposed on equity shares with a face value of ₹10 each. The payout is subject to shareholder approval at the company’s upcoming Annual General Meeting (AGM).
The proposal was made by the Board of Directors and communicated to the stock exchanges. The communication was signed by Chinmaya Khatua, Company Secretary and Compliance Officer, and included the FY26 annual report and AGM agenda. The company has stated that the dividend, if approved, will be paid on or after September 23, 2026.
58th AGM scheduled on September 23, 2026
The company will hold its 58th AGM on Wednesday, September 23, 2026. The meeting is scheduled to begin at 11:00 am. It will be conducted through video conferencing or other audio-visual means, as per the notice shared with exchanges.
For shareholders, the AGM is the key event because the final dividend requires member approval. Voting outcomes at the AGM will determine whether the recommended dividend is declared and paid.
Record date and cut-off date: September 16, 2026
VST Tillers Tractors has set Wednesday, September 16, 2026 as the record date for dividend entitlement. The same date is also the cut-off date for e-voting eligibility.
Only members whose names appear in the register of members or in the depository records at the close of business on September 16, 2026 will be eligible. This record date governs both dividend eligibility (if approved) and voting rights for the resolutions placed at the AGM.
Remote e-voting window and timings
The company has provided a remote e-voting window ahead of the AGM. Remote e-voting opens at 9:00 am on Saturday, September 19, 2026 and closes at 5:00 pm on Tuesday, September 22, 2026.
This allows eligible shareholders to vote in advance of the meeting date. The cut-off for participating in remote e-voting remains September 16, 2026, based on the company’s stated eligibility rules.
What shareholders should track
For dividend-focused investors, three dates matter most: the record date, the e-voting window, and the AGM date. The company has also indicated that payment will be made on or after September 23, 2026, subject to approval.
Investors typically align their holdings to ensure their names appear on the records by the record date. The notice also reiterates that eligibility is determined from the register of members and depository records at the close of business on the record date.
Key dates at a glance
How ex-date and settlement affect dividend eligibility
The material also explains the general rule investors follow for receiving dividends, using the company’s earlier dividend as an example. To receive the dividend, investors must hold shares before the ex-date. Under India’s T+1 settlement framework, buying on the ex-date itself makes an investor ineligible for the dividend tied to that record date.
For the FY26 proposed dividend, the record date has been stated as September 16, 2026, but an ex-date is not provided in the supplied details. Investors typically track the ex-date when it is published by exchanges, because it determines the last day to buy shares and still be eligible under the settlement cycle.
Dividend history cited in the disclosure
The information provided includes earlier final dividends and dates, showing a ₹20 per share final dividend for FY25 and FY24.
A dividend yield figure of 0.45% is also referenced for the latest dividend (FY2025 final) as of 21 Aug 2026. Separately, a market price reference is mentioned, with VST Tillers Tractors shares quoted at ₹4,482.80 as on 05 Aug 2026 (03:51 PM IST).
Financial context mentioned alongside the dividend update
The supplied text also cites operating performance data for Q1FY27, reporting net profit of ₹487.3 crore, up 9.2% year-on-year. Revenue for the same quarter is stated at ₹3,134 crore, up 10.7%.
A separate line also mentions “FY26: 25% revenue growth” alongside the ₹25 dividend reference, though no FY26 revenue base figure is provided in the details. Investors typically view dividend proposals in the context of profitability and cash flows, but this disclosure focuses primarily on process dates and shareholder approvals.
Note on differing dividend figures in the provided material
While the main notice details repeatedly state a recommended final dividend of ₹25 per share for FY26, one portion of the supplied text separately states that the board recommended a final dividend of ₹20 per share for FY26 and discusses an estimated yield based on a different market price reference.
Based on the dates and AGM notice items provided, the operational timeline for the FY26 dividend vote and payment is clearly linked to the recommended dividend being placed before shareholders at the September 23, 2026 AGM, with eligibility tied to September 16, 2026.
Conclusion
VST Tillers Tractors has set out the timetable for its FY26 final dividend process, with a recommended ₹25 per share payout pending shareholder approval at the 58th AGM on September 23, 2026. The record date and e-voting eligibility cut-off is September 16, 2026, and remote e-voting will run from September 19 to September 22, 2026. The company has indicated the dividend, if approved, will be paid on or after the AGM date.
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