DPSC Limited has informed the Exchange that Record date for the purpose of Dividend is 19-Sep-2025.
DPSCLTD · price
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Awaiting price reaction for this filing.
India Power Corporation Limited has fixed Friday, 12th September 2025 as the record date (cut-off date) to determine shareholders entitled to the dividend and to vote at the 105th Annual General Meeting. The AGM is scheduled for Friday, 19th September 2025 at 11:30 a.m. IST and will be held through video conferencing. The Board has recommended a dividend of ₹0.05 per equity share of ₹1 face value (5% on face value) for FY25, subject to shareholder approval, with payment to be made on or after 23rd September 2025. Remote e-voting will be open from 16th to 18th September 2025 via NSDL. Note: the NSE headline incorrectly states 19-Sep-2025 as the record date, while the filing clearly specifies 12th September 2025.
Shareholders must hold shares by 12th September 2025 to be eligible for the dividend. The dividend is modest (5% on face value, or ₹0.05 per share), so yield-driven buying interest is likely limited. This is a routine procedural filing ahead of the AGM and should have minimal impact on the stock price.