Fixed the Record date for Interim Dividend as Friday 28th November, 2025.
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On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.4 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The company (Aryavan Enterprise Ltd, proposed to be renamed Ecofinity Atomix Limited) has declared an interim dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for FY 2025-26, approved by the Board on 20th November 2025. The record date to identify eligible shareholders is fixed as Friday, 28th November 2025. Dividend will be paid after deducting Tax at Source (TDS) as per the Income Tax Act, and shareholders must submit required documents before the record date.
Shareholders holding the stock as of 28th November 2025 will be eligible to receive the interim dividend of Rs. 0.50 per share (subject to TDS). The dividend is modest given the Rs. 10 face value, and the overall impact on the stock price is likely to be minor.