Anand Rathi Wealth Limited has informed the Exchange that Record date for the purpose of Final Dividend is 09-May-2025.
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Anand Rathi Wealth has fixed Friday, May 9, 2025 as the record date for its final dividend for FY 2024-25. The Board of Directors had earlier recommended a final dividend of Rs. 7 per share on April 10, 2025. Once approved by members at the upcoming AGM, the dividend will be paid within 30 days. The company has also noted that tax will be deducted at source (TDS) on the dividend payout, as per Income Tax Act rules.
Investors who hold Anand Rathi Wealth shares on or before the record date of May 9, 2025 will be eligible to receive the Rs. 7 per share final dividend. This provides a near-term cash benefit to eligible shareholders, though TDS will reduce the net amount received.