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How NMDC’s Dividend Record Date Determines Eligibility and Payment

NMDC dividend eligibility is based on the holder records for the specific announced record date. See how that differs from the ex-date and payment timing, with recent examples.
From TheFinanceBase Team3 min to read
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To receive a particular NMDC dividend, your name must appear in the company’s Register of Members or, for dematerialized shares, in depository records as a beneficial owner on the record date announced for that dividend. Each dividend has its own record date. That date determines entitlement; it is not the date the money is credited.

What is NMDC’s dividend record date?

The record date is the date NMDC uses to identify shareholders entitled to a specific dividend. In its 3 February 2026 notice for the first interim dividend for FY 2025–26, NMDC said eligible holders were those whose names appeared in the Register of Members or in depository records as beneficial owners on the record date fixed for that purpose. NMDC’s announcement sets out the company’s entitlement wording.

A record date applies to one corporate action, not to every NMDC dividend. Check the notice for the dividend’s financial year, type, amount per share, record date and any conditions. Do not treat an old date as the date for a later dividend.

Who is eligible for an NMDC dividend?

Eligibility depends on the holding information used for the specific record date. For dematerialized shares, NMDC refers to depository records showing beneficial owners; investors can check their broker or depository account for their holding position. For other holdings, the company’s Register of Members is the relevant record identified in the notice.

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The record date and ex-date are related but distinct market dates. For NMDC’s first FY 2025–26 interim dividend, India International Exchange’s 10 February 2026 circular identified Friday, 13 February 2026 as both the record date and ex-date. That date has passed; it is a historical example, not a current eligibility date. See the India International Exchange circulars for the stated dates.

If I buy NMDC shares on the record date, will I get the dividend?

Do not assume that a purchase made on the record date qualifies. The company determines entitlement from the names and beneficial-owner positions reflected in the records for that event. Check the specific NMDC notice and the applicable ex-date, and confirm your settled holding information with your broker or depository. The available notices do not establish a universal answer for every late trade, failed settlement or special account situation.

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Recent NMDC dividend dates and amounts

Dividend event Amount and status Record date Ex-date
First interim dividend, FY 2025–26 ₹2.50 per equity share, declared by the board on 3 February 2026 13 February 2026 13 February 2026
Final dividend, FY 2024–25 Proposed ₹1 per equity share, subject to approval at the AGM 14 August 2025 Not stated in the cited NMDC notice

NMDC’s 3 February 2026 board notice and India International Exchange’s 10 February 2026 circular document the interim dividend and its dates. NMDC’s 30 July 2025 notice set the record date for the proposed FY 2024–25 final dividend and made payment conditional on shareholder approval at the AGM.

Market notice coverage reported 5 October 2026 as the record date for NMDC’s FY 2025–26 final dividend. Because that date is past and the original NMDC filing is not established here, verify the company’s exchange filing for the amount, record date and approval conditions rather than relying on the secondary report alone. Moneycontrol’s market notice coverage is secondary reporting.

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When will NMDC’s dividend be credited?

The record date identifies eligible holders; payment or dispatch happens later. NMDC’s FY 2024–25 annual report says dividends declared during the year under review were paid within 30 days of declaration, in accordance with the Companies Act, 2013. This is the company’s reported payment practice, not a guarantee of a particular bank-credit date for every holder. The February 2026 interim-dividend notice says payment or dispatch would occur within the prescribed statutory timelines.

Neither a record date nor the stated payment period confirms that an individual payment reached a particular account. Actual credit can depend on the holder’s account and payment details.

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What to do if an NMDC dividend is not credited

  1. Confirm the event. Find the NMDC notice for the exact financial year and dividend, then check its record date and any approval condition.
  2. Check your holding record. Review your broker or depository account for dematerialized shares, or confirm the relevant Register of Members position for other holdings.
  3. Check payment details. Verify the bank and account details associated with your holding, and ask your broker, depository participant or bank whether a credit or payment issue is recorded.
  4. Check NMDC’s unpaid-dividend information. The company’s Unclaimed and Unpaid Dividends page lists records for the FY 2025–26 interim and FY 2024–25 final dividends. Use it to investigate an unpaid amount; it does not by itself establish the status of an individual payment.

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