Intimation about the dates of Book Closure and Record Date in connection with the holding of the Company''s 64th Annual General Meeting
BIMETAL · price
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Bimetal Bearings Ltd has informed the stock exchanges that its Register of Members and Share Transfer Books will be closed from 15th July 2025 to 21st July 2025 in connection with its 64th Annual General Meeting (AGM). The Record Date for determining shareholders eligible to receive the dividend has been fixed as 14th July 2025. The company has proposed a dividend of Rs. 13 per equity share (on face value of Rs. 10) for the financial year ended 31st March 2025. The AGM is scheduled for 21st July 2025 at 4:00 p.m. The dividend is subject to shareholder approval at the AGM. For shares held in dematerialized form, the cut-off based on beneficial ownership will be the end of business hours on 13th July 2025.
Investors who buy shares of Bimetal Bearings on or before 13th July 2025 (for dematerialized shares) or appear on the register as of 14th July 2025 (physical shares) will be eligible for the Rs. 13 per share dividend. The stock may see some mild buying interest near the record date, and the AGM approval is the next key event to watch.