Banco Products (India) Limited has announced a second interim dividend of ₹8.40 per equity share for the financial year 2025–26, according to an exchange filing following the company’s board meeting held on March 13, 2026.
The dividend is calculated on equity shares with a face value of ₹2 each. The company has fixed Thursday, March 19, 2026, as the record date to determine the eligibility of shareholders entitled to receive the interim dividend.
Banco Products said the dividend payment will be made on or after March 25, 2026.
The board meeting, during which the dividend decision was approved, commenced at 11:30 AM and concluded at 12:30 PM, the filing stated.
About the company
Banco Products (India) Limited is an automotive components manufacturer headquartered in Vadodara, Gujarat. The company is engaged in the manufacturing and supply of engine cooling modules, radiators, gaskets, and heat exchangers, primarily catering to the automotive and industrial sectors.
Banco Products supplies components to domestic and global original equipment manufacturers (OEMs) and has a strong presence in export markets. The company also operates through subsidiaries and joint ventures involved in gasket manufacturing and heat transfer solutions.
In its Q3 FY26 results, Banco Products reported steady growth in revenue supported by demand from the automotive and industrial segments. The company continues to benefit from its presence in engine cooling and sealing systems, which remain essential components for both internal combustion engine vehicles and industrial machinery.
The company’s operations are supported by its integrated manufacturing facilities and export-oriented business model, which has helped it maintain its position as a recognised export house.