Eimco Elecon (India) Limited has informed the Exchange that Board of Directors at its meeting held on April 23, 2025, recommended Final Dividend of 5 per equity share.
EIMCOELECO · price
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The Board of Directors of Eimco Elecon (India) Limited, at its meeting held on April 23, 2025, has recommended a Final Dividend of Rs. 5 per equity share for its shareholders. The dividend is subject to approval by the shareholders at the upcoming Annual General Meeting. The record date and book closure dates for determining shareholder eligibility are typically announced separately by the company. The actual payout date will be decided after shareholder approval at the AGM.
Shareholders holding shares on the record date will be eligible to receive the Rs. 5 per share dividend. The positive signal of a dividend declaration is generally viewed favorably by retail investors, though the actual yield depends on the current market price of the stock.