The Board has recommended a total dividend of Rs. 11.00 per equity share for the financial year 2024-25 comprising of Interim Dividend of Rs. 5.00 per share and further dividend of Rs. ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Axtel Industries has informed BSE that its Board has recommended a total dividend of Rs. 11.00 per equity share for FY 2024-25, equivalent to 110% on the face value of Rs. 10. This consists of an interim dividend of Rs. 5.00 per share declared on 15 March 2025 and a further dividend of Rs. 6.00 per share recommended by the Board on 16 July 2025. The further dividend is subject to shareholder approval at the AGM held on 19 August 2025. The total payout reflects healthy profitability for the year.
Eligible shareholders will receive Rs. 11 per share in dividends for FY 2024-25 once the proposed dividend is approved at the AGM. The 110% payout is generous on face value and signals confidence in earnings, which is generally supportive for the stock's appeal to income-focused investors.