Highest-Ever Dividend: Pharma Stock Sets July 9 Record Date for Rs 24 Final Dividend; Check Details

On Wednesday, Indian equity benchmarks traded sharply lower, with the benchmark Nifty 50 index declining 2.12 per cent to 23,882.05. Amid the broader market weakness, RPG Life Sciences traded at Rs 2,452.30, up 0.49 per cent from the previous close. Investors will be closely watching the stock as July 9, 2026 is the record date to determine shareholders eligible to receive the company's highest-ever final Dividend.

Record Date for Rs 24 Final Dividend Tomorrow

RPG Life Sciences has fixed Thursday, July 9, 2026, as the record date for determining the eligibility of shareholders to receive a final dividend of Rs 24 per equity share (300 per cent on the face value of Rs 8 each) for FY2025-26. The dividend remains subject to shareholders' approval at the company's 19th Annual General Meeting (AGM) scheduled for July 23, 2026. If approved, the dividend will be paid within 30 days of the AGM to eligible shareholders.

Highest Dividend in Company's History

The proposed Rs 24 per share final dividend is the highest dividend declared by RPG Life Sciences since its listing, surpassing the previous highest payout of Rs 20 per share (along with a Rs 4 special dividend) announced in FY2025.

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About RPG Life Sciences

RPG Life Sciences Ltd is an integrated pharmaceutical company engaged in the development, manufacturing and marketing of pharmaceutical formulations and active pharmaceutical ingredients (APIs). The company has a presence in domestic and international markets across multiple therapeutic segments.

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Disclaimer: The article is for informational purposes only and not investment advice.