Polycab Recommends ₹47 Dividend for FY26, Subject to Shareholder Approval

Polycab India Limited has announced a dividend recommendation for the financial year 2025–26 following its latest board meeting. The proposal reflects the company’s earnings distribution plan and will be subject to approval by shareholders at the forthcoming annual general meeting (AGM).

Polycab Dividend Recommendation Details

The company’s board has recommended a dividend of ₹47 per equity share, which represents 470 per cent of the face value of ₹10 per share. 

This payout is proposed for the financial year 2025–26 and remains subject to approval by shareholders.

Polycab Dividend Approval and Payment Timeline

The dividend will be finalised only after it is approved at the AGM. If approved, the company has indicated that the payment will be made within 30 days from the date of the meeting.

Polycab Dividend Record Date and Book Closure

Details regarding the record date and book closure period for determining eligible shareholders have not yet been announced. The company has stated that these details will be communicated at a later stage.

Regulatory Disclosure

The announcement was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has informed both the BSE Limited and the National Stock Exchange of India regarding the board’s decision.

Polycab Share Price Performance

As of 6 May 2026, Polycab India Limited’s share price stood at ₹8,478.00, reflecting an increase of ₹141.00 or 1.69% compared to the previous close of ₹8,337.00. 

Read More: Vedanta Revises Dividend Policy to Board-Led Approach Amid Strong FY26 Performance.

Conclusion

Polycab’s proposed dividend reflects its approach to returning value to shareholders while following the required approval process. The final payout will depend on shareholder consent at the upcoming AGM, after which timelines for payment and eligibility will be confirmed.

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 or 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 related documents carefully before investing.