Steel Authority of India Limited (SAIL) on Friday announced that it has fixed September 9, 2025, as the record date to determine shareholders eligible for the company’s final dividend for the financial year 2024-25.
The Board of Directors had earlier recommended a final dividend of ₹1.60 per equity share (16% of the paid-up equity capital) at its meeting held on May 28, 2025. The payout is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
SAIL said that if approved, the dividend will be paid within 30 days from the date of shareholder approval, after deduction of applicable taxes.
The dividend announcement underscores the company’s continued commitment to rewarding shareholders as it closes FY25.