400% Dividend announced by electrical company; Record date fixed

400% Dividend Alert: Havells India Ltd on Monday announced an interim dividend along with its December quarter results.

Havells India Dividend 2025

The board of directors declared an interim dividend of Rs 4 per equity share of face value Re 1 each, amounting to 400 per cent on the company’s equity share capital.

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In an exchange filing, company informed, "The Board of Directors has also declared an Interim Dividend of Rs. 4.00 per Equity Share of Re. 1/- each i.e. @ 400% on the Equity Share Capital of the Company."

A dividend is a part of a company’s profit that is shared with its shareholders. Companies usually pay dividends in cash. Some companies may also issue bonus shares instead of cash. Dividends are announced by the company’s board of directors. They reward shareholders for holding the stock.

Havells India Dividend Record Date 2025

The interim dividend will be paid to shareholders whose names appear in the register of members as on the record date of January 23, 2026. The company said the dividend will be paid or dispatched on or before February 17, 2026.

"The same shall be payable to all those Shareholders whose names appear in the Register of Members as on the Record Date i.e. 23.01.2026 (a separate intimation of the same has already been given to the Exchanges vide letter dated 08.01.2026)", company noted in an exchange filing.

The record date is the cut-off date set by the company. Only shareholders whose names appear on the company’s records on this date are eligible for the dividend.

If an investor buys the stock after the record date, they will not receive the dividend. The record date helps companies clearly identify eligible shareholders. For investors, tracking the record date is crucial to ensure dividend eligibility.

Havells India Q3 Results FY26

For the third quarter, Havells India reported a 6.4 per cent year-on-year rise in net profit at Rs 301 crore, compared with Rs 283 crore in the same quarter last year.

Revenue from operations grew 14.2 per cent year-on-year to Rs 5,573 crore, up from Rs 4,882 crore in the year-ago period.

Operating performance improved during the quarter, with EBITDA rising 21.6 per cent year-on-year to Rs 524 crore from Rs 432 crore. EBITDA margin expanded to 9.4 per cent from 8.8 per cent a year ago.

The company announced the results along with the interim dividend declaration after market hours.