Awaiting price reaction for this filing.
Kirloskar Pneumatic Company has rescheduled its 50th Annual General Meeting to Tuesday, July 22, 2025 at 3:00 p.m., to be held via video conferencing. The Board has recommended a final dividend of 325%, which works out to Rs. 6.50 per equity share for FY 2024-25, subject to shareholder approval at the AGM. The record date to determine members eligible for the dividend is fixed as Tuesday, July 15, 2025, and dividend payment will be made on or after July 24, 2025. Remote e-voting through NSDL will be open from July 19, 2025 (9:00 a.m.) to July 21, 2025 (5:00 p.m.), with the cut-off date for voting eligibility also set as July 15, 2025.
Shareholders holding shares as of July 15, 2025 will be entitled to the Rs. 6.50 per share dividend if approved at the AGM. This is a routine AGM and dividend announcement, so no immediate major impact on share price is expected, though the confirmed dividend is a positive signal for income-focused investors.