NALCO Board to Consider Second Interim Dividend for FY 2025-26
Bhubaneswar – National Aluminium Company Limited (NALCO) has informed the stock exchanges that its Board of Directors is scheduled to meet to consider the payment of a Second Interim Dividend for the Financial Year 2025-26.
The meeting is a continuation of the company's earlier intimation. If approved, this will mark the second interim dividend declaration by the Navratna public sector enterprise for the current fiscal year.
Mandatory Electronic Dividend Payments: Key Shareholder Update
In a crucial advisory, NALCO has drawn attention to recent regulatory changes. According to the SEBI (Listing Obligations and Disclosure Requirements) Fifth Amendment Regulations, 2025, which came into effect in November 2025, the issuance of physical dividend warrants or cheques has been completely discontinued.
This means:
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All future dividend payments by NALCO will be made exclusively via electronic modes (such as NEFT/RTGS).
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The company will not issue Demand Drafts as a replacement for any failed electronic transfers.
Immediate Action Required by Shareholders
To ensure the seamless and direct credit of the dividend (if declared), all shareholders must urgently:
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Update and validate their active bank account details with their Depository Participant (for demat holdings).
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Shareholders holding physical certificates must ensure their details are correct with the company's Registrar and Transfer Agent (RTA).
Failure to update these details may result in significant delays or non-receipt of the dividend payment.
About National Aluminium Company Limited (NALCO)
NALCO is a leading Navratna CPSE under the Ministry of Mines and one of Asia's largest integrated aluminium producers, with operations spanning bauxite mining, alumina refining, aluminium smelting, and power generation.