What was filed
Steel Authority of India Limited (SAIL) told the exchanges it has fixed the record date for its FY2025-26 final dividend, pursuant to Regulation 42 of the SEBI LODR Regulations. The same filing confirms the company's 54th Annual General Meeting will be held on Thursday, 24 September 2026 through video conferencing / other audio-visual means, where the audited financial statements and the Board's report will be placed before members.
The dividend and the timeline
The final dividend was recommended by the Board at its meeting on 15 May 2026, per an earlier intimation cited in this filing. SAIL notes that, if approved by shareholders at the AGM, it will be paid (subject to TDS) within 30 days of that approval. The record date determines which shareholders are on the register and therefore eligible to receive it.
Why it matters to a holder
For a shareholder, the record date is the operative cutoff for dividend eligibility, while the payout itself remains contingent on shareholder approval at the AGM. It is a procedural but time-sensitive disclosure that sets the dates around which entitlement is determined.