Johnson Controls-Hitachi Declares ₹36 Interim Dividend for FY26
Johnson Controls-Hitachi Air Conditioning India Limited (JCHAC) has announced an interim dividend of ₹36 per equity share for the financial year 2025-26. This translates to a 360% dividend on the face value of ₹10 per equity share. The record date for determining eligible shareholders has been set for July 9, 2025, with the payment scheduled to be made on or before July 24, 2025.
Dividend DetailsParticulars
Details
Company
Johnson Controls-Hitachi Air Conditioning India LimitedDividend Type
Interim DividendDividend per share
₹36.00Dividend Percentage
360% (on ₹10 face value)Financial Year
2025-26Record Date
July 9, 2025Payment Date
On or before July 24, 2025
Dividend Details and Regulatory Compliance
The decision to declare an interim dividend was taken during the company's Board of Directors meeting held on July 3, 2025. The meeting commenced at 11:00 am and concluded at 11:50 am, where the board approved the payout to its shareholders.
The interim dividend of ₹36 per equity share signifies a substantial return to shareholders, representing 360% of the equity share's face value of ₹10. This declaration for the financial year 2025-26 indicates the company's commitment to sharing its financial success with investors.
In compliance with Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the company has fixed July 9, 2025, as the record date. This date is crucial for investors as only those shareholders whose names appear in the company's register of members or in the records of the depositories as beneficial owners as of this date will be eligible to receive the interim dividend.The payment of this interim dividend is slated to occur on or before July 24, 2025, ensuring that eligible shareholders receive their payouts within the stipulated timeframe following the record date.Shareholder Impact
The declaration of an interim dividend is generally viewed as a positive signal by the market and shareholders. It reflects the company's healthy financial position and its ability to generate sufficient profits and cash flows to distribute to its equity holders even early in the financial year. For investors, this dividend provides a direct financial return on their investment in Johnson Controls-Hitachi Air Conditioning India Limited.
The timely announcement of the record date and payment date provides clarity and certainty to investors regarding their dividend entitlements and the timeline for receiving the funds. This move by the board underscores the company's focus on enhancing shareholder value and maintaining investor confidence.