Steel City Securities Fixes March 6 As 10% Interim Dividend Record Date; Shares Up 0.38%

Mumbai March 6: Steel City Securities Limited shares were up 0.38% after the company declared a third interim dividend of ₹1 per equity share for the financial year 2025-26.The stock traded at ₹84.29, up ₹0.32 or 0.38%, as of 13:29 IST on March 6, 2026.

As per the regulatory disclosure submitted to the National Stock Exchange, the board on February 23, 2026 approved an interim dividend of 10% on the face value of ₹10 per equity share. This translates to a payout of ₹1 per share for eligible shareholders for FY2025-26.

The company also fixed March 6, 2026 as the record date to determine shareholders eligible to receive the third interim dividend. Investors holding shares in the company as of the record date will qualify for the payout, subject to applicable settlement cycles.

In addition, the board authorised the transfer of unclaimed dividend pertaining to the financial year 2018-19 in accordance with statutory compliance requirements. The board also reviewed the company’s business development strategy during the meeting.

The meeting commenced at 11:15 AM and concluded at 12:30 PM, according to the filing signed by Srividya M, Company Secretary and Chief Compliance Officer.

Stock Trades Marginally Higher During Session

Steel City Securities shares traded in a narrow range during the session on March 6, 2026. The stock opened at ₹85.25 and touched an intraday high of ₹85.25 and a low of ₹83.66 during the trading day.

As of 13:29 IST, the stock quoted ₹84.29 compared with the previous close of ₹84.97, reflecting an intraday gain of 0.38% from the earlier traded level according to exchange data.

Market participants typically track dividend announcements and record dates closely as they influence short-term positioning and settlement eligibility around the ex-dividend period.

Company Background

Steel City Securities Limited operates as a financial services intermediary providing retail broking, investment advisory and distribution services across equity, derivatives, commodities and mutual fund products.

The company also offers depository participant services and online trading platforms for individual investors. Its operations are supported through branch networks and digital trading infrastructure serving clients across India.

Conclusion

The declaration of the third interim dividend forms part of Steel City Securities’ shareholder distribution for FY2025-26. With the record date set for 6 March 2026, eligible shareholders will receive ₹1 per equity share as approved by the board, as stated in the company’s exchange disclosure.

Source:

• https://www.nseindia.com/get-quote/equity/STEELCITY/Steel-City-Securities-Limited
• https://nsearchives.nseindia.com/corporate/STEELCITY_23022026124528_Outcome.pdf