Please find enclosed herewith Intimation for Dividend approval by the Board of Directors in the meeting held on today i.e. May 30, 2025.
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The Board of Directors of Bombay Cycle & Motor Agency Ltd, at its meeting held on May 30, 2025, recommended a final dividend of 50% — Rs. 5.00 per equity share on a face value of Rs. 10 each — for the financial year 2024-25. The dividend is subject to approval by shareholders at the upcoming 106th Annual General Meeting, the date of which has not yet been finalised. The intimation has been made under Regulation 43 of the SEBI Listing Regulations. No record date has been declared in this filing.
Shareholders stand to receive Rs. 5 per share as dividend if approved at the AGM, providing a modest income return. The actual yield for investors will depend on the current market price of the stock.