Deepak Nitrite Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2025, recommended Final Dividend of Rs. 7.5 per equity share.
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The Board of Directors of Deepak Nitrite Limited, at its meeting held on May 28, 2025, has recommended a Final Dividend of Rs. 7.5 per equity share for the financial year. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and payment timeline would be communicated separately. This is the final dividend declaration following the board's review of the company's annual financial performance.
The Rs. 7.5 per share dividend rewards existing shareholders with a direct cash payout, but its impact on the stock price depends on the company's current share price and overall dividend yield. Shareholders holding shares on the record date will be eligible to receive this payout.