Board Recommends Dividend
Awaiting price reaction for this filing.
The Board of Directors of 3M India has recommended a Final Dividend of Rs. 160 per equity share and a Special Dividend of Rs. 375 per equity share (face value Rs. 10 each) for FY 2024-25. Combined, shareholders stand to receive Rs. 535 per share, subject to approval at the 38th AGM scheduled for August 26, 2025. The Board has fixed July 25, 2025 as the Record Date to determine shareholder eligibility. Dividends will be paid or dispatched within 30 days of the AGM. The inclusion of a Special Dividend suggests the company is distributing surplus cash from its operations.
Shareholders holding 3M India shares as of the record date of July 25, 2025 will be entitled to the combined Rs. 535 per share dividend. The stock may see some movement around the record and ex-dividend dates as investors position accordingly.