Record Date Announcement
Technocraft Industries (India) Limited (TIIL), listed on the BSE, has announced June 4, 2026 as the record date for the purpose of determining shareholder eligibility for an interim dividend. The company issued this corporate action notification through the stock exchange, setting a clear cut-off date for investors holding shares as of that date.
What the Record Date Means for Shareholders
A record date is a key corporate action mechanism used by companies listed on Indian stock exchanges. Only those shareholders who appear in the company's register of members on or before June 4, 2026 will be considered eligible to receive the interim dividend being proposed by Technocraft Industries. Investors who purchase shares after the ex-date (typically one business day before the record date) will not qualify for the dividend payout.
Shareholders holding shares in demat form through NSDL or CDSL will have their eligibility determined based on beneficial ownership records as on the record date, as per SEBI regulations governing corporate actions.
About Technocraft Industries
Technocraft Industries (India) Limited is an Indian manufacturing company engaged in the production of industrial yarn, steel drums, and engineering goods. The company operates manufacturing facilities and supplies products to both domestic and international markets. TIIL has been periodically distributing dividends to its shareholders as part of its capital allocation policy, reflecting consistent profitability over recent financial periods.
How to Check Shareholding Status
- Log in to your demat account or broker portal to view holdings as of June 4, 2026
- Check the TIIL shareholding in your portfolio before the ex-date is announced
- Monitor BSE and NSE announcements for the exact dividend amount and payment timeline
- Ensure your bank details are updated with the registrar for smooth dividend credit
Dividend Distribution Process
Once the record date is fixed, Technocraft Industries will typically announce the dividend amount per share along with the payment schedule in a separate corporate filing. The dividend, upon declaration by the board, will be credited directly to the bank accounts of eligible shareholders registered with the company's registrar and transfer agent. For demat shareholders, credit will be based on the details furnished by depositories.
Investors tracking TIIL on the BSE should keep a close watch on subsequent corporate announcements from the company detailing the dividend rate and payment date. The interim dividend, if approved, will add to the total shareholder returns for the financial year.
Investors are advised to review all official filings on the BSE website for complete details regarding this corporate action.