Board of Directors of the Company in its Board meeting held on May 30, 2025 has approved final dividend of 2.5% i.e. Rs. 0.25/- per equity shares having face value of Rs. 10/- each for ....
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On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.2 pts more than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Agribio Spirits Limited (formerly Beekay Niryat Limited), at its meeting held on May 30, 2025, approved a final dividend of 2.5%, which works out to Rs. 0.25 per equity share on a face value of Rs. 10, for the financial year ended March 31, 2025. The dividend is subject to shareholder approval at the upcoming Annual General Meeting (the company's 50th AGM). It will be paid within 30 days of the AGM to shareholders whose names appear on the register of members on the record date, which will be announced separately.
The dividend is very modest (Rs. 0.25 per share) and is unlikely to have a meaningful impact on the stock price. Shareholders should wait for the record date announcement to know if they are eligible to receive it.