Authum Investment & Infrastructure Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2025, declared Interim Dividend of Rs. 0.50 per equity share.
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The Board of Directors of Authum Investment & Infrastructure Limited declared an interim dividend of Rs. 0.50 per equity share (50% on face value of Re. 1) for FY 2025-26. A 7% interim dividend was also declared on preference shares (face value Rs. 10). The record date for both dividends is Friday, May 16, 2025, and the payout will be made on or before June 10, 2025. Notably, the promoters, who hold 74.95% of the company's equity shares, have voluntarily waived their share of the interim dividend. This means the dividend outflow is effectively limited to public shareholders only.
Eligible public shareholders will receive Rs. 0.50 per share as interim dividend, providing near-term cash returns. The promoter's waiver of their 74.95% dividend entitlement signals confidence in retaining earnings within the company for growth, though it also means a larger effective payout to public shareholders relative to total earnings.