The stock will start trading on an ex-dividend basis on November 10, which means that the investors who would have purchased the stock on or after this date will not be entitled to the dividend payout.
Power Grid had earlier announced a first interim dividend of Rs 4.50 per equity share for the financial year 2025-26, which translates to 45% of the face value of Rs 10 per share. The decision was made during the company’s board meeting, which was held on Monday, November 3, 2025, where the board also approved the unaudited financial results for the quarter and half-year ended September 30, 2025.
As per the Power Grid’s regulatory filing, the record date for this dividend has been set as Monday, November 10. Consequently, the ex-dividend date falls on the same day, aligning with standard market settlement rules (T+1), which means investors must buy the stock today to be eligible.
The interim dividend of Rs 4.50 will be disbursed to eligible shareholders on Monday, December 1, according to the official communication issued by the company. This is the first interim dividend declared by the company for FY26.
Apart from Power Grid, several other companies are also trading ex-dividend on Monday, according to StockEdge data. These include companies like Ajanta Pharma, Aurionpro Solutions, Godfrey Phillips India, Route Mobile, and Transcorp International.Also read: SBI to launch IPO for SBI Funds Management, plans to divest 6.3% stake
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