Bajaj Holdings & Investment Ltd. has declared a bumper interim dividend of ₹65 per share for the financial year ending March 31, 2027, according to an exchange filing on Tuesday. As reported by the company, the Board of Directors declared this interim dividend of 650% of the face value of ₹10 per equity share at their meeting held on September 15, 2026. The dividend represents a significant payout for shareholders of the investment company.
The record date to determine shareholder eligibility has been set as September 21, 2026, Monday, according to the company's filing. As per India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. The company has specified that the dividend will be credited on or before October 13, 2026 to eligible shareholders as on the record date. This timeline provides investors with clear guidance on when to expect the dividend payment.
The ex-dividend date, which falls before the record date, marks when the share price adjusts to reflect the upcoming payout. As reported by the company, investors must take note of the record date, which determines shareholder eligibility for dividends. This ex-dividend mechanism ensures that shareholders who purchase before the record date are entitled to receive the dividend payment, while those purchasing on or after the record date will not be eligible for the current dividend distribution.
