Pursuant to Regulation 42 of SEBI LODR the record date for purpose of determining members eligible to receive final dividend for the year 2024-25 has been fixed as 10th June, 2025.
BOSCH-HCIL · price
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The Board of Johnson Controls-Hitachi Air Conditioning India Ltd (JCHAC) met on May 20, 2025, and approved audited financial results for FY2024-25 along with a final dividend recommendation. The Board declared a final dividend of Rs. 15 per equity share (150% on face value of Rs. 10), against no dividend in the previous year. The record date to identify eligible shareholders is fixed as June 10, 2025, and the AGM is scheduled for June 25, 2025. The company also reported a strong turnaround in FY25, with revenue rising to Rs. 27,564.6 million (from Rs. 19,187.0 million) and net profit of Rs. 588.3 million (vs. a loss of Rs. 757.1 million in FY24). The auditor (Price Waterhouse & Co) issued an unmodified opinion, and M/s SPANJ & Associates was appointed as Secretarial Auditor for one year.
Shareholders holding JCHAC shares by the record date of June 10, 2025 will be eligible for the Rs. 15 per share dividend, marking a resumption of dividends after a nil payout last year. The strong earnings turnaround and dividend declaration are positive signals for shareholders, likely to be viewed favorably by the market.