Bannari Amman Sugars Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2025, recommended Final Dividend of Rs. 12.50 per equity share.
BANARISUG · price
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The Board of Directors of Bannari Amman Sugars Limited, at their meeting held on May 28, 2025, has recommended a final dividend of Rs. 12.50 per equity share. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and payment timeline will be communicated separately by the company. This is a routine corporate action declaring returns to shareholders from the company's profits.
Shareholders holding the stock on the record date will be eligible to receive Rs. 12.50 per share. The announcement is generally viewed positively by investors as it signals confidence in profitability and provides direct cash returns, though the stock may react based on dividend yield relative to the current share price.