ELGIEQUIPNSEElgi Equipments Limited· Compressors / PumpsHighPositive
Announced Wed, 28 May · 19:18 IST

Elgi Equipments Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2025, recommended Final Dividend of 2.20 per equity share.

Corporate Actions View source PDF

ELGIEQUIP · 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

The Board of Directors of Elgi Equipments Limited, at its meeting held on May 28, 2025, has recommended a Final Dividend of Rs. 2.20 per equity share for the financial year. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates will be communicated separately. This is part of the company's regular dividend distribution practice.

Likely market impact

Positive signal for shareholders as it indicates the company is returning value despite the modest per-share amount. Investors should wait for the record date announcement and AGM approval before the dividend becomes payable.