BRIGADENSEBrigade Enterprises Limited· ConstructionHighPositive
Announced Wed, 14 May · 19:44 IST

Brigade Enterprises Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2025, recommended Final Dividend of Rs. 2.50 per equity share.

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Brigade Enterprises' board, at its meeting on May 14, 2025, approved the audited consolidated and standalone financial results for Q4 and the financial year ended March 31, 2025, with the statutory auditor (Walker Chandiok & Co LLP) issuing an unqualified opinion. The board recommended a final dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10) for FY25, subject to shareholder approval at the upcoming 30th AGM, with payment within 30 days of approval. Additionally, the board appointed M/s. BMP & Co. LLP as the new Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30.

Likely market impact

A final dividend of Rs. 2.50 per share rewards shareholders, while the clean (unqualified) audit opinion reflects sound financial reporting. The new secretarial auditor appointment is routine governance, with no material concerns signaled for the stock price.