ITDC Recommends ₹2.95 Per Share Dividend for FY26

New Delhi: India Tourism Development Corporation Limited (ITDC) has announced that its Board of Directors has recommended a final dividend of ₹2.95 per equity share for the financial year ended March 31, 2026.

The recommendation was approved during the company’s Board meeting held on May 21, 2026, and disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.

The filing was submitted to National Stock Exchange of India Limited and BSE Limited.

Dividend Payout to Exceed ₹25.30 Crore

According to the company’s disclosure, the proposed dividend aggregates to approximately ₹25.30 crore.

The recommended payout reflects ITDC’s financial performance during FY2025-26 and remains subject to shareholder approval at the upcoming Annual General Meeting (AGM).

If approved, eligible shareholders holding equity shares on the record date will receive the dividend as per applicable timelines.

Board Meeting Outcome Announced

The disclosure was issued by V. K. Jain, Company Secretary of ITDC.

The announcement forms part of the official outcome of the Board meeting conducted on May 21, 2026.

Positive Signal for Investors

Dividend announcements are generally viewed positively by investors as they indicate management confidence, stable cash flows, and shareholder return commitments.

Market participants will closely monitor ITDC’s detailed financial results and future tourism sector outlook amid rising domestic and international travel demand in India.

About ITDC

India Tourism Development Corporation Limited is a public sector enterprise under the Ministry of Tourism, Government of India. The company operates hotels, hospitality services, catering, travel and tourism management, duty-free shops, and tourism infrastructure projects across India.