BLILBSEBalmer Lawrie Investments LtdMediumPositive
Announced Wed, 21 May · 18:10 IST

Dividend for FY 2024-25 to be paid within 30 days from the date of its declaration by the Shareholders at the ensuing AGM of the Company

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Balmer Lawrie Investments Ltd, a Government of India Enterprise, on 21st May 2025 recommended a dividend of Rs. 4.30 per equity share (face value Rs. 1 each) for the financial year ended 31st March 2025. The dividend will be paid to shareholders within 30 days of its declaration at the upcoming Annual General Meeting. Total equity shares outstanding are approximately 22.20 crore, implying an aggregate dividend payout of around Rs. 95.4 crore.

Likely market impact

Shareholders are set to receive a modest dividend of Rs. 4.30 per share pending AGM approval; the actual stock price impact will depend on the dividend yield relative to the share price and how it compares to prior years.