DLFNSEDLF Limited· ConstructionHighPositive
Announced Mon, 19 May · 20:42 IST

DLF Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of Rs. 6 per equity share.

Corporate Actions View source PDF

DLF · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

DLF Limited's Board of Directors, at its meeting held on May 19, 2025, approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with the auditors issuing an unmodified opinion. The Board recommended a final dividend of ₹6 per equity share (face value ₹2), translating to 300%, subject to shareholder approval. The date of the Annual General Meeting and record date will be communicated later. Separately, the company entered into a Master Framework Agreement to sell its Kolkata IT/ITeS SEZ business (~25.90 acres), with related assets and liabilities reclassified as held for sale. Credit rating agencies CRISIL and ICRA re-affirmed DLF's long-term rating at AA and revised the outlook to 'Positive'.

Likely market impact

The ₹6 dividend is in line with healthy capital returns for shareholders, though the yield at current market price levels is modest (under 1%). The Kolkata SEZ divestment and positive rating outlook signal strategic asset monetisation and improving financial strength, which could be mildly supportive for the stock.