Copy of Newspaper Advertisement pertaining to 31st Annual General Meeting of the Company scheduled to be held on July 30, 2025.
ABSLAMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aditya Birla Sun Life AMC has published a notice in Business Standard (English) and Navshakti (Marathi) on July 1, 2025, informing members about its 31st Annual General Meeting. The AGM will be held on Wednesday, July 30, 2025 at 11:00 a.m. (IST) via Video Conferencing / Other Audio-Visual Means, in compliance with MCA and SEBI circulars. The Board has recommended a dividend of ₹24 per equity share (on face value of ₹5 each) for FY2024-25, subject to member approval, with a record date of July 23, 2025. The dividend, if approved, will be paid within 30 days of the AGM, and TDS will be deducted as applicable. The Annual Report for FY2024-25 will be sent only via electronic mode to members whose email IDs are registered with the company, RTA, or depository participants.
This is a routine procedural filing. The key takeaway for shareholders is the proposed dividend of ₹24 per share (a ₹4.80 per share yield on face value of ₹5, or 480% on face value), with a record date of July 23, 2025 — shareholders holding shares on or before that date will be eligible. No material price-moving news; AGM voting and dividend approval are the next catalysts.