IRCTC Declares ₹3.50 Second Interim Dividend: February 20th as Record Date

Indian Railway Catering & Tourism Corporation Ltd (NSE: IRCTC) has declared a second interim dividend of ₹3.50 per equity share for FY26, translating to 175% of the face value of ₹2 per share. The company has fixed February 20, 2026 as the record date to determine shareholder eligibility.

The announcement followed the Board meeting held on February 12, 2026, where directors also approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with the Limited Review Report issued by the statutory auditor.

Key Dates and Timeline

The interim dividend of ₹3.50 per share will be payable to shareholders whose names appear in the company’s records as on Friday, February 20, 2026.

The Board meeting commenced at 2:30 PM and concluded at 5:10 PM on February 12, 2026, as per the regulatory filing.

Context Behind the Dividend Declaration

The dividend decision was taken alongside the approval of the December quarter financial results. The financial statements were reviewed and recommended by the Audit Committee before being placed before the Board.

The company has made the unaudited results and the auditor’s Limited Review Report available on its website in compliance with SEBI (LODR) Regulations, 2015.

As an interim dividend, the payout represents distribution of profits for the ongoing financial year, prior to the declaration of a final dividend, if any.

Impact on Shareholders

Eligible investors will receive ₹3.50 for every equity share held as on the record date. The 175% payout is calculated on the face value of ₹2 per share.

Being a cash distribution, the interim dividend does not impact the company’s paid-up share capital or the number of outstanding shares. There is no change to the shareholding pattern as a result of this corporate action.

Market Snapshot & Share Price Effect

As of 12:04 PM IST on February 20, 2026, IRCTC shares were trading at ₹643.20 on the NSE, up ₹14.10 or 2.24% compared with the previous close of ₹629.10. The stock opened at ₹626.60 and has so far touched a high of ₹648.00 and a low of ₹624.65 during the session.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c8970c4-5f22-422c-805e-046d4469bcdd.pdf