Jindal Stainless Interim Dividend ₹1 ͏Per Share Takes Effect Today  

Mumbai, January 29 2026: Jindal Stainless Limited (JSL) on Thursday announced that its interim dividend of ₹1 per equity share has taken effect today, with 29 January 2026 fixed as both the ex-date and record date for the dividend payment.  

The interim dividend was approved at the company’s Board meeting held on 21 January 2026 and represents a 50% payout on equity shares having a face value of ₹2.  

Shareholders whose names͏ appear in the company’s register of members or in the depository records as of the close of business͏ today shall be entitled to the dividend.  

Total Interim͏ Dividend Payout Estimated at ₹82.44 Cror͏e 

The interim dividend translates to a total͏ payout of approximately ₹82.44 crore for the financial year 2025-26. According ͏to the regulatory filing, the dividend will be paid to all shareholders, whose names appear in the company’s register or in the depository records as of the close of business on the record date, on 29 January 2026. The company has stated that it would complete the payment to entitled shareholders on or before 19 February 2026.  

͏Dividend Announcement Follows Robust Nine-͏Month͏ Financial Performance 

The dividend declaration coincided with the release of the company’s financial results for the quarter and nine months ended 31 December 2025. On a standalone basis, Jindal Stainless posted a 9.6% year-on-year rise in net profit for the nine months ended 31 December 2025 at ₹1,951.38 crores. Revenue from operations for the period increased by 8.4% to ₹3͏1,853͏.75 crores. The company’s consolidated performance was stronger, with nine-month net profit increasing 23.1% year-on-year to ₹2,350.36 crores.  

Strategic Reappointments Secure Board Continuity for Key Projects  

In the same board meeting, Jindal Stainless also approved the re-appointment of three independent directors, Ms. Shruti Shrivastava, Dr, Aarti Gupta, and Mr. Ajay Mankotia, for a second term of three consecutive years each. The company stated that this move ensures leadership continuity as the company advances on strategic initiatives, including its ₹7͏15 crore joint venture to set up a stainless-steel͏ melt shop in Indonesia, aimed at boosting melting capacity from 3 MTP͏A to 4.2 MTPA͏.  

Jindal Stainless Limited Share Price Witness a Modest Gain of 0.19% 

On the NSE, at 10:48 am IST, Jindal Stainless Ltd share price was trading at ₹810.55, registering a modest gain of ₹1.55, or 0.19%, during the session. The stock opened higher at ₹813.95. The company has a market capitalisation of ₹66.76 lakh crore and trades at a P/E ratio of 22.71. Its 52-week high and low stand at ₹884 and ₹496.60, respectively, with a dividend yield of 0.37% and a quarterly dividend amount of ₹0.75. 

References 

• https://www.bseindia.com/xml-data/corpfiling/AttachHis/e496714e-0ac9-43f1-8bc7-c90e43cc0c7c.pdf 
• https://www.nseindia.com/get-quote/equity/JSL/Jindal-Stainless-Limited 

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.  

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.  

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations