Kalyan Jewellers India Ltd. announced that its 18th Annual General Meeting (AGM) will take place on Saturday, September 19, 2026. The Kerala-based jewellery retailer will conduct the meeting virtually through video conferencing or other audio-visual means, adhering to regulatory guidelines.
Dividend Record Date Set
In conjunction with the AGM announcement, Kalyan Jewellers has fixed September 12, 2026, as the record date for its final dividend for the financial year 2025-26. Shareholders whose names appear in the company's records as of this date will be eligible to receive the dividend and participate in the upcoming AGM.
The company's board had previously recommended a final dividend of 25 percent on the face value of its equity shares, which translates to Rs 2.50 per share. This dividend is contingent upon shareholder approval at the AGM. If approved, the payment or dispatch of the dividend will occur within 30 days of the meeting's conclusion.
Market Performance and Analyst Outlook
Following these announcements, Kalyan Jewellers shares saw a gain of 1.33 percent, reaching Rs 616.35 apiece on the BSE. The stock has demonstrated strong performance, delivering a 74.48 percent return over the past three months.
Brokerage firms maintain a largely positive outlook on Kalyan Jewellers. Current ratings include eight 'Buy' recommendations, one 'Hold' rating, and no 'Sell' calls. Notable target prices from August include MOFSL at Rs 800, Jefferies at Rs 830, HSBC at Rs 770, ICICI Securities at Rs 680, Axis Capital at Rs 740, and Citi at Rs 800 per share.