Polycab India Ex-Date Today, June 24: ₹35 Dividend Payout

Polycab India Ltd declared a final dividend of ₹35 per equity share for the financial year 2024–25. The record date, ex-date, and book closure date for this ₹35 dividend all fall on June 24, 2025, making it a crucial day for investors looking to be eligible for the payout.

What is a Record Date?

The record date is the deadline set by a company to determine which shareholders are eligible to receive dividends. To be eligible, you need to purchase the shares at least one trading day before the record date, as India follows a T+1 settlement cycle, where trades are settled on the next working day.

Polycab India Final Dividend Details

Polycab India Ltd has proposed a final dividend of ₹35 per share for FY 2024–25, which amounts to 350% of the ₹10 face value per equity share. To qualify for this dividend, investors must own Polycab shares by June 24, 2025—the record date set by the company. 

Subject to approval at the 29th Annual General Meeting (AGM), the dividend will be distributed after July 1, 2025, following applicable tax deductions. The company also stated that the payout will be made to those listed as beneficial owners in the electronic records of NSDL and CDSL as of the close of business on June 24, 2025.

Dividend Yield and Past Payouts

Polycab has declared a total dividend of ₹30 per share over the past 12 months. Based on the current market price of ₹6,000.50, this reflects a dividend yield of 0.50%.

Read More: Bonus, Stock Split and Dividend This Week June 23-27: HUL, Samvardhana Motherson, Bajaj Holdings and More.

About Polycab India Limited

Polycab India Limited is an Indian electrical equipment manufacturer headquartered in Mumbai. It produces and markets a wide range of electrical items, such as wires and cables, fans, LED lights and luminaires, switches, switchgear, solar products, and conduits with related accessories.

As of June 23, 2025, Polycab India share price stood at ₹6,249.00, up by ₹248.50 or 4.14% for the day.

Conclusion

With the ₹35 final dividend marking a significant payout, June 24 becomes a key date for Polycab shareholders. Timely shareholding ensures eligibility, making it crucial for dividend-focused investors.

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