SBI Cards and Payment Services Limited announces Interim Dividend

इस पोस्ट को हिंदी में पढ़ने के लिए यहाँ क्लिक करें

SBI Cards and Payment Services Limited has declared an interim dividend of ₹2.50 per share for the financial year 2025–26.

• Face value of each share: ₹10

• Dividend declared: ₹2.50 per share (which is 25% of face value)

• Board meeting date: March 05, 2026

So, if you hold 100 shares, your gross dividend will be ₹250 (before any applicable tax).

What is an interim dividend?

An interim dividend is a dividend paid during the financial year, before the final accounts are approved.
Companies declare it when they want to share profits with shareholders without waiting for year-end.

Important date: Record Date – March 11, 2026

The record date is the cut-off date fixed by the company to decide who will receive the dividend.

• If your name appears as a shareholder in the company’s records on March 11, 2026, you are eligible for this interim dividend.

• If you buy shares on or after the ex-dividend date (usually 1 trading day before the record date), you may not get this dividend, even though you own the shares later.

In simple terms: Make sure you are a shareholder before the record date to be eligible for a dividend.

Dividend will be paid only electronically.

As per new SEBI rules, SBI Cards and Payment Services Limited will pay dividends only through electronic mode. No physical dividend warrants, cheques, or demand drafts will be issued.

This means your money will be directly credited to your bank account linked to your demat.

What you must do as a shareholder

To receive your dividend smoothly, ensure the following:

1. Bank details are updated:

   • Name of Bank and Branch

   • Bank account number

   • MICR code and IFSC code

2. Where to update

   • If you hold shares in demat form: Update with your Depository Participant (your broker or DP).

   • If you hold shares in physical form: Update with the company’s Registrar and Transfer Agent (RTA):
     MUFG Intime India Private Limited(formerly Link Intime India Private Limited)
     C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400083
     Tel: +91-8108116767
     Email: investor.helpdesk@in.mpms.mufg.com
     Website: www.in.mpms.mufg.com

3. Update your KYC and other details
   Shareholders are also advised to update:

   • PAN

   • KYC details and contact details (mobile number, email ID)

   • Nomination details

   • Power of attorney, if any

Again, use your DP for demat holdings, and the RTA for physical holdings.

Keeping your details updated ensures that dividends and all future communications from SBI Cards and Payment Services Limited reach you on time, directly and safely into your bank and inbox.

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