CANFINHOMENSECan Fin Homes Limited· Finance - HousingHighPositive
Announced Wed, 20 Aug · 16:56 IST

Can Fin Homes Limited has informed the Exchange about Dividend Updates

Corporate Actions View source PDF

CANFINHOME · price

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

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AI summary

Can Fin Homes Limited has informed the exchanges that shareholders at the 38th Annual General Meeting held on August 20, 2025 (via video conference) approved a Final Dividend of Rs. 6 per equity share on a face value of Rs. 2 each for the financial year ended March 31, 2025. The dividend will be paid within 30 days from the conclusion of the AGM. The payment will be made electronically to shareholders' registered bank accounts. The company is a housing finance subsidiary of Canara Bank.

Likely market impact

Shareholders on the record date will receive Rs. 6 per share as dividend income. Given the small face value of Rs. 2, the Rs. 6 payout represents a 300% dividend on face value, though actual yield depends on the prevailing market price. This is a routine final dividend approval following shareholder vote.