DPSC Limited has informed the Exchange that Record date for the purpose of Dividend is 12-Sep-2025.
DPSCLTD · price
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India Power Corporation Limited (formerly DPSC Limited) has fixed Friday, 12th September 2025 as the record date / cut-off date for determining shareholders entitled to the dividend and to vote at the upcoming AGM. The 105th Annual General Meeting is scheduled for Friday, 19th September 2025 at 11:30 AM, to be conducted through video conferencing. The Board has proposed a dividend of ₹0.05 per equity share (face value ₹1), translating to 5% on face value, subject to shareholder approval at the AGM. Dividend, if approved, will be paid on or after Monday, 23rd September 2025, subject to TDS deduction. The AGM will also consider re-appointment of a Whole-time Director, approval of managerial remuneration, appointment of a Secretarial Auditor, and ratification of Cost Auditor's remuneration.
The dividend is very small (just 5 paise per share), so the direct income impact for shareholders is minimal and the stock is unlikely to see significant price movement from this announcement. The record date formality mainly matters for existing shareholders who want to be eligible for the dividend and AGM voting rights.