BIMETALBSEBimetal Bearings Ltd-$HighPositive
Announced Thu, 12 Jun · 16:21 IST

Intimation of "Book Closure" Dates in connection with the declaration of dividend in the 64th Annual General Meeting of the Company which will be held on 21st July 2025.

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bimetal Bearings Ltd has announced book closure dates from 14th July 2025 to 21st July 2025 (both days inclusive) ahead of its 64th Annual General Meeting on 21st July 2025 at 4:00 PM. The Board has recommended a dividend of Rs.13 per share on shares with a face value of Rs.10 each, subject to shareholder approval at the AGM. Investors must hold shares before the book closure start date to be eligible for the dividend. The company, part of the Amalgamations Group, manufactures thinwall bearings, bushings, and thrust washers.

Likely market impact

Shareholders on the register as of the book closure start date (14th July 2025) will receive the Rs.13 per share dividend once approved at the AGM, providing a meaningful income payout relative to the Rs.10 face value.