Announced Wed, 21 May · 18:07 IST

Recommendation of Dividend for FY 2024-25 by the Board of Directors

Corporate Actions View source PDF

BLIL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Balmer Lawrie Investments Ltd, at its meeting held on 21st May 2025, recommended a dividend of Rs. 4.30 per equity share on the face value of Rs. 1 each, for the financial year ended 31st March 2025. The company has 22,19,72,690 equity shares outstanding, implying a total dividend payout of approximately Rs. 95.45 crore if approved. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. Once declared, the dividend will be paid to eligible shareholders within 30 days from the date of AGM declaration.

Likely market impact

This is a routine dividend recommendation from a Government of India enterprise holding company. Shareholders holding shares as on the record date (yet to be announced) will be eligible for the Rs. 4.30 per share payout. The actual yield to investors will depend on the prevailing share price.