Kalyan Jewellers sets September 12 record date for FY26 final dividend
Kalyan Jewellers will hold its 18th virtual AGM on September 19, 2026, where shareholders will vote on a proposed 25% final dividend of Rs 2.50 per share. The company has set September 12 as the record date for dividend and AGM eligibility.
What happened
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
Key facts
- September 12, 2026 record date
- September 19, 2026 AGM date
- 18th Annual General Meeting
- 25% final dividend
- Rs 2.50 per share
- 1.33% share-price gain
- Rs 616.35 BSE share price
- 74.48% three-month return
- 8 Buy ratings
- 1 Hold rating
- MOFSL target Rs 800
- Jefferies target Rs 830
- HSBC target Rs 770
- ICICI Securities target Rs 680
- Axis Capital target Rs 740
- Citi target Rs 800
- Dividend payment within 30 days of approval
Why this matters
The proposed 25% final dividend signals continued capital-return discipline, while the AGM vote remains the key approval gate before payout.
What to watch
- AGM approval of the final dividend proposal
- 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
- 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.