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  1. 3M India declares ₹506/share dividend issue for shareholders; check record date

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3M India declares ₹506/share dividend issue for shareholders; check record date

SUMMARY

3M India announced a total dividend issue of ₹506 per share for all eligible shareholders; here's what investors need to know ahead of the record date for the corporate action.

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3M India will issue a total dividend of ₹506 per share to every eligible shareholder subject to member approval in the upcoming AGM. | Image: Shutterstock

3M India will issue a total dividend of ₹506 per share to every eligible shareholder subject to member approval in the upcoming AGM. | Image: Shutterstock

3M India’s board of directors, after their quarterly meeting on Friday, recommended a ₹506 per share dividend issue for shareholders, with a face value of ₹10 apiece, subject to the approval of the members in the upcoming annual meeting, according to an exchange filing.

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If approved, the eligible shareholders will receive a total dividend payment of ₹506 per share, comprising a final dividend of ₹160 per share and a special dividend of ₹346 per share for the financial year ended 2025-26.

“We would wish to inform that at the Meeting of the Board of Directors of the company held today, i.e., on May 22, 2026, the Board recommended a dividend of ₹506 per equity share of face value ₹10 each (comprising a Final Dividend of ₹160 and a Special Dividend of ₹346 per share) for the financial year 2025-26, subject to approval of shareholders,” the company informed the stock exchange.

The members of the company are set to consider and approve the dividend issue at the 39th annual general meeting (AGM) in August 2026.

To determine the eligibility of the shareholders, 3M India has decided to fix the record date of the dividend issue as July 17, 2026, and the payout will be credited to the investors within 30 days from the date of the annual meeting.

3M India Q4 results

In the financial statements released on Friday, 3M India recorded a 201% increase in net profit after tax (PAT) to ₹215.34 crore in the March quarter of the fiscal year ended 2025-26, compared with ₹71.37 crore in the same period a year ago.

The company’s revenue from core operations advanced 16.7% to ₹1,399 crore in the fourth quarter of the year ended 2025-26, compared to ₹1,198 crore in the same period a year ago.

3M India’s earnings per share (EPS) expanded to ₹191.16 apiece in the fourth quarter, compared year-on-year with ₹63.36 crore in the same period a year ago, as per the exchange filings.

The exchange filing also showed that the company’s revenues from its safety & industrial, and Transportation & electronics business contributed to the revenue growth in the March quarter of the year ended 2025-26.

3M India also witnessed an increase in revenues from operations across its healthcare and consumer businesses.

3M India share price

3M India shares jumped more than 5% during the afternoon market session on Friday, May 22, after the company’s Q4 earnings announcement. The company’s stock closed 2.46% higher at ₹33,315 compared to ₹31,200 after the previous market close, as per NSE data.

Shares of 3M India have delivered more than 27% returns in the last five years, over 36% gains in the last three years, and nearly 10% returns in the past one year period.

So far in 2026, the company’s stock has lost 7.8% but has gained nearly 2% in the last one month. 3M India shares were trading 6.2% higher over the last five market sessions.

The company’s market capitalisation (m-cap) stood at ₹37,383 crore as of last week’s trading close.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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