Recommendation of Dividend by the Board of Directors for FY 24-25
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Balmer Lawrie Investments Ltd, a Government of India Enterprise, has announced that its Board of Directors, at a meeting held on 21st May 2025, has recommended a dividend of Rs. 4.30 per equity share for the financial year ended 31st March 2025. The dividend is on equity shares with a face value of Rs. 1 each, and the company has 22,19,72,690 (approximately 22.2 crore) equity shares outstanding, translating to a total potential payout of around Rs. 95.45 crore. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting and will be paid within 30 days of declaration. The company is a well-known investment/holding entity, and the recommendation follows an earlier intimation dated 30th April 2025.
This is a shareholder-friendly move that rewards investors with a direct cash payout. Pending AGM approval, the announcement signals healthy profitability and consistent capital return, which is generally viewed positively by income-focused retail investors.