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Kalyan Jewellers sets September 12 record date for FY26 final dividend
Our read
Kalyan Jewellers' dividend is likely to clear routinely, with the more consequential investor read-through coming from festive demand, gold-price pressure and whether cash returns coexist with expansion funding.
For operators
Kalyan Jewellers’ September 12 record date and September 19 virtual AGM create no direct operating impact but underscore a scheduled shareholder-return milestone.
Watch
AGM approval of the final dividend proposal
The report,
Kalyan Jewellers set September 12, 2026 as the record date for its FY26 final dividend and AGM eligibility. Shareholders will vote at a virtual AGM on September 19 on a proposed 25% final dividend, or Rs 2.50 per share.
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Reported figures
From the report. Source details below
| ICICI Securities target | Rs 680 |
|---|---|
| Axis Capital target | Rs 740 |
| Dividend payment within | 30 days of approval |
Also in the report
- 18th Annual General Meeting
- Rs 616.35 BSE share price
- 74.48% three-month return
Other figures
- 1.33% share-price gain
- 8 Buy ratings
- 1 Hold rating
- MOFSL target Rs 800
Why it matters to operators
The proposed 25% final dividend signals continued capital-return discipline, while the AGM vote remains the key approval gate before payout.
What to watch next
- Formal dividend payment-date announcement
- September-quarter sales update and festive-season demand commentary
- Gold-price movements affecting jewellery affordability and inventory funding
- Store-opening pace, same-store sales growth and working-capital trends
- Any revision to capital-allocation, debt-reduction or expansion guidance
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- Confirm shareholder eligibility through demat holdings as of the September 12 record date.
- Monitor AGM voting results on September 19 and the announced dividend payment date.
- Assess the dividend against quarterly operating cash flow, inventory needs, net debt and planned showroom expansion.
- Watch for post-record-date trading volatility and any management commentary on festive-season demand.
The source
Published
First seen