Asian Hotels (East) 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.
AHLEAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Asian Hotels (East) Limited, at its meeting held on May 30, 2025, has recommended a Final Dividend of Re. 1 per equity share for the financial year. This dividend is subject to approval by the shareholders at the upcoming Annual General Meeting. The record date and book closure dates for determining eligible shareholders have not been mentioned in the filing. Re. 1 per share is a modest payout, reflecting a cautious return to shareholders by the company.
The dividend is small in absolute terms and is unlikely to have a significant impact on the stock price or attract income-focused investors. Shareholders should await further announcements regarding the record date and AGM approval.