ARVINDFASNNSEArvind Fashions LimitedHighPositive
Announced Sat, 17 May · 17:50 IST

Arvind Fashions Limited has informed the Exchange that Board of Directors at its meeting held on May 17, 2025, recommended Final Dividend of 1.60 per equity share.

Corporate Actions View source PDF

ARVINDFASN · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Arvind Fashions' Board of Directors, at its meeting held on May 17, 2025, approved several key items. The Board recommended a Final Dividend of Rs. 1.60 per equity share (face value Rs. 4 each) for the financial year ended March 31, 2025, subject to shareholder approval at the upcoming Annual General Meeting; the dividend will be paid within 30 days of declaration. The Board also approved the Audited Standalone and Consolidated Financial Results for FY25, with the Statutory Auditors issuing an unmodified (clean) audit opinion. Additionally, N. V. Kathiria & Associates were appointed as Secretarial Auditors for a five-year term (FY26–FY30), and M/s. Mahajan & Aibara Chartered Accountants LLP were re-appointed as Internal Auditors for FY26.

Likely market impact

The final dividend is a modest but positive return for shareholders, while the clean audit opinion and auditor appointments are routine governance updates with no material impact on the stock price expected.