Annual General Meeting of the Company to be held on 30th June 2025
Awaiting price reaction for this filing.
Piramal Enterprises Limited has announced that its 78th Annual General Meeting will be held on Monday, 30th June 2025 via video conferencing. The company has fixed Friday, 13th June 2025 as the record date to determine shareholders eligible for the final dividend. The Board has recommended a final dividend of Rs. 11.00 per equity share (face value Rs. 2.00), which translates to a 550% dividend on face value, for FY ended 31st March 2025. The dividend, subject to shareholder approval at the AGM and TDS deduction, will be paid after the meeting. The company has also uploaded the TDS communication on its website for shareholder reference.
Shareholders holding PEL shares as of 13th June 2025 will be eligible for the Rs. 11 per share final dividend. The 550% dividend is a strong return on face value, though actual yield depends on the prevailing market price. This announcement is largely procedural and supports stable shareholder sentiment.