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Awaiting price reaction for this filing.
Bhagwati Autocast has informed BSE about a book closure period from Wednesday, 10th September 2025 to Tuesday, 16th September 2025 for the purpose of determining members entitled to receive the final dividend. The 43rd Annual General Meeting is scheduled for 16th September 2025 at 11:00 AM via video conferencing. The board has proposed a final dividend of ₹2.50 per equity share on a face value of ₹10 each (25%), subject to shareholder approval at the AGM, for the financial year 2024-25. The dividend will be paid only if members approve it at the AGM.
This is a routine procedural filing. Shareholders must hold shares before the book closure start date (10th Sept) to be eligible for the proposed ₹2.50 dividend, which translates to a meaningful 25% payout on face value once approved. No direct price catalyst unless market views the dividend yield as attractive.