JK Lakshmi Cement Fixes July 17 as Record Date For ₹6.50 Final Dividend; Shares Decline

Mumbai, July 1: JK Lakshmi Cement Ltd. has fixed Friday, July 17, as the record date to determine eligible shareholders for its proposed final dividend of ₹6.50 per equity share for the financial year ended March 31, 2026, the company informed stock exchanges on Wednesday.

The dividend, equivalent to 130% on the face value of ₹5 per share, remains subject to shareholders’ approval at the upcoming annual general meeting (AGM).

Shareholders whose names appear in the company’s register of members or in the records maintained by depositories as of the record date will be eligible to receive the dividend, if approved. The company said the payout will be made within three to four weeks after the AGM.

The filing follows the board’s earlier recommendation of the final dividend and formally sets the cut-off date for determining eligible shareholders.

Stock Market Snapshot

The announcement came during a weak trading session for the stock.

As of 3:22 PM IST on July 1, the JK Lakshmi Cement share price was trading at ₹581.50, down 4.02% for the day.

Record date announcements generally serve as an administrative update rather than a fresh corporate action, since the dividend amount has already been recommended by the board. Investors typically monitor such disclosures to track eligibility timelines ahead of the dividend payment.

Company Background

JK Lakshmi Cement is one of India’s established cement manufacturers, with operations spanning cement, ready-mix concrete and allied building materials. The company has manufacturing facilities across multiple states and caters to both infrastructure and housing demand through an extensive dealer network.

Returning cash to shareholders through regular dividends has remained part of the company’s capital allocation strategy alongside investments in capacity expansion and operational efficiency.

Conclusion

By fixing July 17 as the record date, JK Lakshmi Cement has moved a step closer to distributing its proposed FY26 final dividend, subject to shareholder approval at the AGM. Investors holding the stock before the record date will now watch for the AGM outcome and the subsequent dividend payment schedule.

Source:

• https://www.nseindia.com/get-quote/equity/JKLAKSHMI/JK-Lakshmi-Cement-Limited
• https://nsearchives.nseindia.com/corporate/JKLASHMI_01072026143538_Intimation_Record_Date.pdf