Jindal Saw Final Dividend Record Date on June 5: What It Means for Shareholders?

The leading pipes manufacturer, Jindal Saw has set June 5, 2025, as the record date for its final dividend for FY25. On May 2, 2025, Jindal Saw has declared a final dividend of ₹2 per share.

Jindal Saw said in an exchange filing, “We wish to inform you that pursuant to Regulation 30(2) read with Schedule III Part A Para A of the Listing Regulations, subject to the approval of members, the Board has recommended a dividend of Rs. 2 /- per equity shares having a face value of Re. 1/- each for the financial year ended 31st March 2025.”

What Does Jindal Saw Dividend Record Date Mean for Shareholders?

As Jindal Saw has set June 5 as the record date for its final dividend, meaning that June 4, marks the last day to buy Jindal Saw shares to become eligible for the final dividend. Further, any shares bought on or after June 5 (record date), won't be eligible for the final dividend due to the T+1 settlement rule.

Also Read: Corporate Actions in Focus, June 02-06: L&T, TCS to Trade Ex-Dividend; Bonus, Stock Split and More Ahead

Jindal Saw Order Book

During Q4FY25, the company recorded a robust order book totalling approximately $1,328 million, primarily driven by demand in the iron & steel segment.

• Iron & steel pipes contributed roughly $1,322 million, while pellet orders accounted for around $5 million.
• Export orders represent approximately 23% of the total order book.
• The current order backlog is scheduled for execution over the next 9 to 12 months.
• Order intake was comparatively slower, attributed to delays in fund disbursement for infrastructure-related projects.

Jindal Saw Outlook

The government’s continued focus on enhancing water infrastructure is driving significant opportunities in the pipeline and utilities sector. Aimed at providing tap water to all rural households, major investments are being made to upgrade pipeline networks for water supply, sewage, and gas distribution. The extension of the Jal Jeevan Mission until 2028, with an allocation of ₹67,000 crore for FY26 alone, reflects a strong commitment to rural water access.

Additionally, key national initiatives such as the River Interlinking program and the National Ganga Plan have each been allotted ₹3,400 crore, further supporting large-scale infrastructure development. The ambitious South-to-North Water Diversion Project—one of the largest water transfer initiatives in the world—will involve the deployment of thousands of kilometers of large-diameter pipes, signalling robust demand for steel and infrastructure materials in the coming years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.