Ashapura Minechem Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2025, recommended Final Dividend of Re. 1 per equity share.
ASHAPURMIN · price
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On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 4.1 pts less than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Ashapura Minechem Limited, at its meeting held on May 30, 2025, recommended a Final Dividend of Re. 1 per equity share for its shareholders. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates will be communicated separately. This forms part of the company's annual dividend distribution.
This is a modest absolute dividend payout and indicates the company is returning some value to shareholders. Without the share price, the exact yield impact cannot be assessed, but Re. 1 per share is a small token dividend for retail investors.