Intimation for Final Dividend 2024-25 is attached.
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The Board of Directors of Cravatex Ltd approved the audited financial results (standalone and consolidated) along with the cash flow statement for the financial year ended 31 March 2025 at a meeting held on 19 May 2025. The statutory auditors issued an unmodified opinion on the results, indicating a clean audit with no qualifications. The Board also recommended a final dividend of Rs.12.50 per share (125%) on equity shares of face value Rs.10 each for FY 2024-25, subject to shareholder approval at the upcoming Annual General Meeting.
The clean (unmodified) audit opinion is positive for investor confidence and signals sound financial reporting. The 125% dividend offers an attractive payout to shareholders, though it is subject to approval at the AGM.