Don’t Miss This PSU Opportunity! NALCO Sets Sept 19 As Record Date For Rs 2.50 Dividend; Big Gains Ahead?

A dividend of Rs 2.50 per share has been announced by Navratna PSU National Aluminium Company Ltd (NALCO), and the Board has set September 19, 2025, as the record date for eligibility. Given that NALCO has a solid track record of providing dividends to shareholders, the news is expected to attract dividend hunters, and as a result, the stock could appear on investors' radar in the upcoming sessions. But the big question is—does this present a fresh buying opportunity ahead of the record date? Let's find the answer below from an analyst.

NALCO Dividend Record Date

"The Record Date for the purpose of declaration of final dividend for the Financial Year 2024-25 has been fixed as Friday, 19th September, 2025," said NSDL in a stock exchange filing.

On Friday, September 26, 2025, the firm will have its 44th annual general meeting.

NALCO Dividend Payout

Subject to shareholder approval at the upcoming 44th Annual General Meeting (AGM), the Board of Directors has recommended a final dividend for the fiscal year 2024-2025 at Rs. 2.50/‐ per share, or 50% of the face value of Rs. 5/‐ each. If approved at the upcoming 44th AGM, the recommended final dividend of Rs. 2.50/‐ per share will be paid within 30 days of the declaration date i.e. 07.08.2025.

NALCO Announces Book Closure Dates for 44th AGM & Dividend Eligibility

"The Register of Members and Share Transfer Books of the Company will remain closed from Saturday, the 20th September, 2025 to Friday, the 26th September, 2024 (both days inclusive) for the purpose of 44th Annual General Meeting of the Company and for determining the entitlement of members to final dividend for the financial year 2024-25, subject to approval at the 44th AGM. The remote e-voting period for the 44th AGM shall commence on Tuesday, 23rd September, 2025 at 09:00 a.m. and end on Thursday, 25th September, 2025 at 05:00 p.m. During this period, only those persons whose names appear in the Register of Members or in the Register of beneficial owners maintained by the Depositories, as on the Cut-off date i.e. Friday, the 19th September, 2025, shall be entitled to cast their vote through remote e-voting," NALCO confirmed in a regulatory filing.

NALCO Faces Rs 7.51 Lakh Penalty from BSE for SEBI LODR Non-Compliance

National Aluminium Company Limited (NALCO), a Government of India enterprise, has disclosed that it has received a notice from BSE dated August 29, 2025, imposing a penalty of Rs 7,51,660 (inclusive of GST) for non-compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, specifically Regulation 17(1) and 18(1), during the quarter ended June 30, 2025.

"In response to the above-mentioned notice, the Company is in process of representing its position to BSE on the non-compliances identified," NALCO informed stock exchanges.

NALCO Share Price Target

"NALCO (CMP 187.50) - The stock is consolidating near its support zone of 182 while immediate resistance lies around 195. Sustaining above 190 can trigger momentum toward 200 levels. Overall trend remains positive with strong demand in the metal space. Any dip toward 182-185 could be a good buying opportunity with upside potential intact," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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