Agarwal Industrial Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2025, recommended Final Dividend of Rs. 3.30 per equity share.
AGARIND · price
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The Board of Directors of Agarwal Industrial Corporation Limited, at its meeting on May 23, 2025, has recommended a Final Dividend of Rs. 3.30 per equity share for its shareholders. The dividend is subject to approval at the upcoming Annual General Meeting (AGM). The record date and payment date will be communicated separately by the company. Shareholders holding shares as of the record date will be eligible to receive this dividend payout.
This is a positive signal for income-focused investors, as it rewards shareholders with a cash payout. The announcement may provide modest short-term support to the stock price ahead of the record date.