Gujarat Narmada Valley Fertilizers & Chemicals Ltd has set Sep 2, 2025, as the record date for its final dividend. The dividend will be paid within 30 days of declaration at the AGM.
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Ltd said in an exchange filing, “The Board of Directors has in the said Meeting recommended a Dividend of Rs. 18/- per equity share of Rs. 10/- each Fully Paid up (@ 180%) for the Financial Year ended March 31, 2025, subject to approval of Shareholders at the ensuing Annual General Meeting. Upon approval by the Shareholders, the dividend declared will be paid within 30 days of declaration and the date of payment of dividend will be intimated in due course.”
What Does GNFC Dividend Record Date Mean for Shareholders?
As Gujarat Narmada Valley Fertilizers & Chemicals has set Sep 2 as the record date for its final dividend, meaning that Sep 1 marks the last day to buy Gujarat Narmada Valley Fertilizers & Chemicals shares to become eligible for the final dividend. Further, any shares bought on or after Sep 2 (record date) won't be eligible for the final dividend due to the T+1 settlement rule.
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Commenting on the results, Dr. T. Natarajan, Managing Director, stated that in view of the annual turnaround at Bharuch complex during April 25 and its consequential impact on revenue and profits, the financials of Q1 FY 25-26 are not comparable. The annual turnaround impacts financials in terms of: (a) lower volume (b) unproductive costs (c) higher fixed costs mainly repairs & maintenance
The change in other comprehensive income is attributable to improvement in the fair market value of both quoted and unquoted investments. During Q1 25-26, the Company has been successful in extending the Anti-Dumping Duty on Aniline which was valid till July 2025 and now extended till July - 2030. The Company is working closely with the Government bodies to ensure fertilizer availability as per priority allocated by the Government.”
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Published on: Sep 1, 2025, 2:07 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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