Cipla Limited has informed the Exchange about Copy of Newspaper Publication
CIPLA · price
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Awaiting price reaction for this filing.
Cipla has informed the exchanges about a newspaper advertisement published in Business Standard (English) and Sakal (Marathi) on 12th June 2025, giving shareholders notice of the 89th Annual General Meeting to be held via video conferencing on 16th July 2025 at 3:00 PM IST. The Board has recommended a final dividend of Rs. 13 per share plus a special dividend of Rs. 3 per share to mark the company's 90th anniversary, taking the total dividend to Rs. 16 per share (800% on the Rs. 2 face value) for FY25. The record date for eligibility has been set as Friday, 27th June 2025, and the company aims to pay the dividend within five working days of declaration, and no later than 30 days from the AGM. The filing is a procedural compliance under SEBI Listing Regulations, and shareholders are also reminded about TDS on dividends and the need to update KYC details with the registrar KFin Technologies.
The combined Rs. 16 per share dividend is a meaningful payout for shareholders and is likely to be viewed positively, though it was already known from the earlier board recommendation; no new business announcement is included in this filing.