ACCNSEACC Limited· Cement And Cement ProductsMediumPositive
Announced Thu, 24 Apr · 14:40 IST

ACC Limited has informed the Exchange that Record date for the purpose of Dividend is 13-Jun-2025.

Corporate Actions View source PDF

ACC · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ACC Limited's board, at its meeting on 24th April 2025, approved audited financial results for Q4 and FY ending 31st March 2025, along with a recommended dividend of Rs. 7.50 per equity share (face value Rs. 10) for FY 2024-25, subject to shareholder approval. The record date to determine dividend entitlement is fixed as Friday, 13th June 2025, with the 89th AGM scheduled for 26th June 2025 and dividend payment on or after 1st July 2025. On a standalone basis, FY25 revenue from operations grew to Rs. 20,709.79 crore (vs Rs. 19,674.32 crore in FY24), with profit after tax of Rs. 2,424.56 crore (vs Rs. 2,124.24 crore). The company also reported exceptional items including a Rs. 207.28 crore impairment on three non-operational cement plants, offset by a Rs. 369.01 crore net gain on sale of surplus land at Thane. Three Independent Directors were reappointed for a second three-year term.

Likely market impact

Shareholders who hold ACC shares on or before 13th June 2025 (record date) will be eligible for the Rs. 7.50 per share dividend. The modest dividend payout combined with steady earnings growth signals stable shareholder returns, though the stock may see limited dividend-yield-driven excitement given the relatively small dividend on a high market price.