BSEDHP India LtdHighPositive
Announced Fri, 30 May · 13:30 IST

The Board Meeting dated 30/05/2025 approve the 34th AGM to be held on 25/08/2025 and fixed Book Closure from 19/08/2025 to 25/08/2025, both day inclusive

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

DHP India Ltd's board, at its meeting on May 30, 2025, approved holding the 34th Annual General Meeting on Monday, August 25, 2025, at 11:00 A.M. in Kolkata. The share transfer book will be closed from August 19 to August 25, 2025 (both days inclusive), with August 18, 2025 fixed as the record date for determining dividend eligibility. The board has recommended a final dividend of Rs. 4 per equity share (40% on the Rs. 10 face value) for the financial year ended March 31, 2025, subject to shareholder approval at the AGM. On 30 lakh equity shares of Rs. 10 each, this translates to a total dividend payout of about Rs. 1.2 crore. The AGM will also consider re-appointment of a rotational director, statutory and secretarial auditors, and fresh appointment of an independent director.

Likely market impact

Shareholders on the register as of August 18, 2025 will receive the Rs. 4 per share dividend once approved at the AGM, making this a routine but positive cash return event for investors. The stock may see mild short-term support around the ex-date, but no major price catalyst is expected beyond the dividend.