Usha Martin Limited has informed the Exchange about date of payment of dividend.
USHAMART · price
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Usha Martin has filed the notice of its 39th Annual General Meeting scheduled for Thursday, August 7, 2025, at 11:30 AM via video conferencing, along with the Annual Report for FY 2024-25. The Board has recommended a dividend of Rs. 3.00 per share for FY 2024-25, subject to shareholder approval at the AGM. The record date is Thursday, July 31, 2025, and the dividend will be paid on or after Monday, August 11, 2025. For FY 2024-25, the company reported consolidated revenue of Rs. 3,474 crore, EBITDA of Rs. 636 crore, and profit after tax of Rs. 406 crore, with a total dividend payout of Rs. 84 crore.
Investors who purchase shares on or before the record date of July 31, 2025, will be eligible to receive the proposed dividend. The proposed Rs. 3.00 per share dividend is an increase from Rs. 2.75 paid in the previous year, signaling continued confidence in cash generation and a shareholder-friendly approach. The stock may see minor accumulation activity ahead of the record date.