Fixation of Record Date for 4th Interim Dividend for the FY 2025-26.
DIVIDEND
▲ Positive Development
LOW RISK
📅 Filed on BSE: 16 Mar 2026, 03:01 PM IST · BSE ID: 4f4d6c90-865c-4253-8b06-988de0de11d9
View Original BSE Filing (PDF)
💡
In Simple Terms
REC Limited is paying shareholders Rs. 3.20 per share as the fourth dividend this year, with money arriving by mid-April for those holding shares on March 20.
🤖 AI Summary
- 4th interim dividend of Rs. 3.20 per share (32% on Rs. 10 face value) declared for FY 2025-26
- Record date: Friday, March 20, 2026; payment on or before April 14, 2026
- Total interim distributions in FY26 now Rs. 50.45 per share (Rs. 0.85 + Rs. 23.20 + Rs. 23.20 + Rs. 3.20)
- Dividend paid exclusively via electronic transfer; shareholders must update bank details before record date
- TDS applies unless shareholder submits PAN, Form 15G/15H by March 20, 2026
🔢 Key Numbers — exact figures from BSE filing, not rounded
4th interim dividend per share
Rs. 3.20
Dividend rate on face value
32%
Total interim distributions FY26
Rs. 50.45 per share
Record date
March 20, 2026
Payment date (on or before)
April 14, 2026
🏢 How This Affects the Company
Cash outflow for dividend payment by April 14, 2026. Fourth interim distribution in FY26 reduces retained earnings and available liquidity proportionate to shareholder base.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must update bank account details with depository participant (demat) or RTA (physical shares) before March 20, 2026 to receive dividend electronically; optionally submit PAN and Form 15G/15H for TDS relief.
👤
Who Is Affected
All shareholders on register as of March 20, 2026 close of business (physical shares) and beneficial owners in depository records as of that date (demat shares) receive Rs. 3.20 per equity share.
🔍
Management Signal
Fourth interim dividend in single fiscal year signals confidence in sustained earnings generation and management commitment to regular capital returns to shareholders.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
April 14, 2026 — verify dividend credit in shareholder bank accounts within declared payment window
Q4 FY26 results announcement — assess if earnings sustain quarterly distributions at this level
Board meeting announcements — track whether fifth interim dividend or annual dividend declared before fiscal year-end
LOW RISK
Standard dividend event with clear timeline and established regulatory framework. Administrative risk limited to shareholder compliance with TDS and bank detail updates.
💡 Investor Takeaway
REC declared fourth interim dividend of Rs. 3.20 per share with record date March 20, 2026 and payment by April 14, 2026. Total FY26 interim distributions reached Rs. 50.45 per share. Electronic payment mandatory; shareholders must update bank details and submit TDS exemption forms by March 20 to avoid statutory deduction.
⚖️ Strengths & Concerns
✅ Positives
- High dividend distribution discipline: four interim dividends totaling Rs. 50.45 per share demonstrates consistent capital return policy in FY26
- Clear payment timeline and electronic mode implementation ensures certainty of receipt and reduces operational friction for shareholders
⚠️ Concerns
- Mandatory TDS compliance burden on shareholders; submission deadline March 20, 2026 creates tight administrative window for exemption seekers
- Transition to electronic-only dividend payment may create friction for shareholders holding physical shares who have not updated bank details with RTA
📅 Company Track Record
REC distributed four interim dividends in FY26: Rs. 0.85 (March 19, 2026), Rs. 23.20 (March 20, 2026), Rs. 23.20 (March 20, 2026), and Rs. 3.20 (March 20, 2026), totaling Rs. 50.45 per equity share. This represents one of the highest interim distribution cycles in recent company history, signaling sustained profitability as a Maharatna government enterprise.
Based on publicly available historical data. For context only.