Elecon Engineering Company Limited has informed the Exchange that Board of Directors at its meeting held on April 24, 2025, recommended Final Dividend of 1.50 per equity share.
ELECON · price
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The Board of Directors of Elecon Engineering Company Limited, at its meeting held on April 24, 2025, has recommended a Final Dividend of ₹1.50 per equity share. This recommendation is subject to approval by shareholders at the upcoming Annual General Meeting. The dividend amount is modest and would be paid to shareholders whose names appear in the company's register on the record date to be announced separately.
A modest final dividend signals continued profitability and a shareholder-friendly approach, though the absolute amount of ₹1.50 per share is small. Likely to have a neutral to mildly positive short-term impact on the stock price.