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Awaiting price reaction for this filing.
The Board of Directors of Bhatia Communications & Retail (India) Ltd, at their meeting held on 26th May 2025, has recommended a final dividend of Re. 0.01 per equity share (face value Rs. 1) for the financial year 2024-25. This translates to a very modest 1% dividend on face value. The dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company will announce the AGM date, record date, and payment date in due course. The dividend will be paid within the timeline prescribed under the Companies Act, 2013, once approved.
This is a token/minimal dividend of just 1% on face value, likely to have negligible impact on shareholder returns or stock price. Investors should not view this as a meaningful income event.