Schaeffler India Dividend Record Date for 63rd AGM 2026 Set; Payout Pending Shareholder Approval

Schaeffler India has set a record date for an upcoming dividend, bringing the stock into focus for income-focused investors. The company’s Board of Directors recommended a dividend of Rs 35/- per equity share. Each share has a face value of Rs 2/-. The record date decides which shareholders qualify for the payout.

In a regulatory filing, Schaeffler India also linked the record date to its 63rd Annual General Meeting (AGM). Shareholders will vote on the dividend for the year ended December 31, 2025. If approved, the company said the payment timeline will follow the AGM schedule under applicable rules.

"This is to inform you that the Record Date for the purpose of 63rd Annual General Meeting ('AGM') and identifying the list of members eligible for the payment of Dividend is Thursday, April 23, 2026. The Dividend for the year ended December 31, 2025, if approved by the shareholders at the ensuing AGM shall be paid within 30 days from the date of the AGM," Schaeffler India has confirmed in a regulatory statement.

On March 9, 2026, Schaeffler India Ltd (SCHAEFFLER) traded lower on the NSE. At 2:35 PM IST, it stood at Rs 4,159.70. The stock fell 3.84% from the previous close of Rs 4,325.80. It opened at Rs 4,274.00 and touched an intraday low of Rs 4,119.00.

The stock’s market capitalisation was about Rs 65,018 Cr at that time. Over the last 12 months, the share moved between a 52-week low of Rs 2,823.00 and a high of Rs 4,467.70. The key price points are listed below for quick reference by finance readers.

Metric	Value
NSE price (2:35 PM IST, March 9, 2026)	Rs 4,159.70
Previous close	Rs 4,325.80
Open	Rs 4,274.00
Intraday low	Rs 4,119.00
52-week low	Rs 2,823.00
52-week high	Rs 4,467.70
Market capitalisation	Rs 65,018 Cr

Schaeffler India dividend and analyst view on the dip

"Schaeffler India has been a superstar stock recently. Just a few days ago, it completely ignored the weak market and shot up to a brand-new high near Rs.4,467. The company is doing fantastic business, making solid profits, and carries almost zero debt. Today, the share price has cooled-down a bit and is trading near Rs.4,160. This is completely normal. When a stock runs up too fast, people sell some shares to lock in their profits. If you missed the big rally, this small dip is a great chance to slowly buy into a very safe, high-quality company," commented Market Wizard's Adib Noorani.

Schaeffler Group has operated for more than 75 years globally. The group works on motion technology, including electric mobility, CO2-efficient drives, chassis solutions, and renewable energies. The company is described as a long-term partner in these areas. Investors typically track such business lines for demand trends and margin stability.

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