Intimation of Book Closure for the purpose of payment of Dividend at the Annual General Meeting
BENGALASM · price
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Bengal & Assam Company has informed BSE about a book closure from 23 September 2025 to 29 September 2025 (with record date of 22 September 2025) for the purpose of paying a dividend on equity shares. The Board has recommended a dividend of Rs. 50 per equity share of Rs. 10 face value (i.e., 500% on face value) for the financial year ended 31 March 2025, subject to shareholder approval at the AGM on 29 September 2025. The dividend is expected to be paid within 3-4 weeks of the AGM to shareholders on the register as on 22 September 2025. Eligible investors must hold the stock by 22 September 2025 to receive this payout.
The proposed Rs. 50 dividend on a Rs. 10 face value is a very large payout by face-value standards and is likely to attract income-focused investors. The stock may see some buying interest ahead of the 22 September 2025 record date, though the final dividend depends on AGM approval.