Intimation of Book Closure and Record Date in connection wit the convening of the 64th Annual General Meeting on 21st July 2025
BIMETAL · price
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Bimetal Bearings Limited has informed the stock exchange about the closure of its Register of Members and Share Transfer Books from 14th July 2025 to 21st July 2025 (both days inclusive) for the purpose of its 64th Annual General Meeting and payment of dividend. The record date to identify shareholders eligible for the dividend is fixed as 14th July 2025 (Monday). The company has declared a dividend of Rs.13 per equity share (face value Rs.10) for the financial year 2024-2025, which is subject to shareholder approval at the AGM scheduled for 21st July 2025. Dividend will be paid to members on the register as of 14th July 2025 for physical shares, and based on demat beneficial ownership data for electronic holdings.
Investors who hold shares of Bimetal Bearings as of 14th July 2025 (record date) will be eligible to receive a Rs.13 per share dividend, pending AGM approval. The stock may see mild positive sentiment due to the confirmed dividend, while the book closure period means no trading transfers will be processed between 14th and 21st July 2025.