Steel Authority of India Ltd. (SAIL) and Saraswati Saree Depot Ltd. (SSDL) have scheduled their corporate dividend record dates for 30 September 2026.
Below are the specific payout amounts and details for the prominent stocks with an ex-dividend and record date falling exactly on this day:
| Company Name | Stock Ticker / Code | Dividend Type | Dividend Amount (₹ per share) | Ex-Dividend Date | Record Date |
|---|---|---|---|---|---|
| Steel Authority of India Ltd | 500113 / SAIL | Final Dividend | ₹2.35 | 30 Sept 2026 | 30 Sept 2026 |
| Saraswati Saree Depot Ltd | 544230 / SSDL | Interim Dividend | ₹3.00 | 30 Sept 2026 | 30 Sept 2026 |
🔎 Important Investor Guidelines
- Eligibility Rule: Under the standard T+1 settlement cycle, you must buy and hold the shares before the ex-dividend date to be recorded as a registered shareholder by the end of the record date.
- Tax Implication: Dividend income is taxable in the hands of the investors at their applicable income tax slab rates, and companies will deduct Tax Deducted at Source (TDS) at 10% for payouts exceeding ₹5,000.
- Payout Timeline: Eligible dividends are typically credited to the linked bank account within 30 days after receiving approval at the Annual General Meeting (AGM) or the announcement date.
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