The National Securities Depository (NSDL) is set to turn ex-dividend this week. Moreover, this will mark its first dividend after the company’s IPO in early August 2025.
As investors are keenly watching the record and credit dates, as the dividend represents NSDL’s first corporate action since listing on Dalal Street – let’s take a look at the key factors to watch out for –
NSDL Dividend 2025: Dividend details and shareholder approval
According to an exchange filing, NSDL’s board has recommended a final dividend of 100% or Rs 2 per share of Rs 2 face value.
The filing noted, “The Board of Directors of the Company at its meeting held on May 23, 2025, had recommended a dividend of Rs 2 per equity share of face value of Rs 2 each (i.e. 100%) subject to the approval of shareholders at the 13th AGM.”
The dividend will only be paid if it receives approval at the upcoming Annual General Meeting (AGM) scheduled for September 29.
NSDL Dividend 2025: Record date and dividend credit
NSDL has fixed September 19, as the record date for the dividend.
The filing stated, “We hereby inform that the Record date has been fixed as Friday, September 19, 2025.” If approved by shareholders, the dividend is expected to be credited on or before October 28, 2025, coinciding with the last week of Diwali. As per the filing, the payment will be made “subject to deduction of tax at source.”
NSDL Dividend 2025: IPO and listing background
NSDL had raised Rs 4,011 crore through its IPO, which opened on July 30 this year. The shares were issued at Rs 800 each and the company listed on Dalal Street on August 6, at Rs 880, yielding a listing gain of 10%.
NSDL IPO received an overall subscription of 41 times.
NSDL share performance
In the last 5 days, NSDL share price slipped 1%. Over the past month, the stock has gained around 8%. In 2025 so far, it has surged nearly 39%.
The company’s 52-week high stands at Rs 1,425 and the low at Rs 880, with a market capitalisation of approximately Rs 26,140 crore.
About the company
NSDL, incorporated in 1996, operates as a central depository, with CDSL being its other major competitor listed on Dalal Street since 2017.