ANDHRA PAPER LIMITED has informed the Exchange that Board of Directors at its meeting held on May 08, 2025, recommended Final Dividend of Re. 1 per equity share.
ANDHRAPAP · price
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The Board of Directors of Andhra Paper Limited, at its meeting held on May 8, 2025, recommended a final dividend of Re. 1 per equity share for FY 2024-25. This works out to a 50% dividend on shares with a face value of Rs. 2 each. The dividend is subject to approval from shareholders at the upcoming 61st Annual General Meeting. The record date for determining eligible shareholders has not yet been announced and will be communicated later. If approved, the dividend will be paid within the timeline prescribed under the Companies Act, 2013.
This is a routine final dividend declaration pending shareholder approval. Shareholders holding shares on the record date will be eligible for the Re. 1 per share payout, offering modest income. The actual yield depends on the prevailing share price, which has not been disclosed here.