Gujarat Alkalies and Chemicals Limited has announced a 177% final dividend for financial year 2025-26, equivalent to ₹17.7 per equity share with a face value of ₹10 each. According to the company's BSE filing, the dividend will be paid within 30 days of declaration if approved by shareholders at the Annual General Meeting (AGM). The Gujarat government-backed commodity chemicals firm's board of directors made this announcement, setting the stage for potential investor payouts.
The company has fixed Friday, September 18, 2026 as the dividend record date to determine investor eligibility for the payout. As stated in the BSE filing, investors must own the stock before this record date to become eligible for the dividend distribution. This record date applies to the financial year ended March 31, 2026, ensuring proper tracking of eligible shareholders for the dividend distribution.
The company's 53rd Annual General Meeting (AGM) is scheduled for September 25, 2026, where shareholders will vote on the dividend approval. According to the BSE filing, if the dividend is approved at the AGM, it will be paid on or after Wednesday, September 30, 2026. This timeline provides clarity for investors regarding the payment schedule and ensures proper governance procedures are followed in the dividend distribution process.
The Gujarat PSU stock closed 1.53% lower at ₹705.6 per share on BSE with a market capitalisation of ₹5,181.71 crore on Friday, September 11. The stock had touched an intraday high of ₹716.50 per share and an intraday low of ₹704.15 per share during the trading session. The firm's return on equity (ROE) stood at 1.02%, while the stock has shown mixed performance with a 14.33% surge in three months and approximately 57.99% increase in six months, though it has declined around 12.69% over two years.
