Exide Industries Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2025, recommended Final Dividend of 2 per equity share.
EXIDEIND · price
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Awaiting price reaction for this filing.
Exide Industries has announced that its Board of Directors, at a meeting held on April 30, 2025, has recommended a Final Dividend of Rs. 2 per equity share. This is the final dividend for the financial year and is subject to approval by shareholders at the upcoming Annual General Meeting. The dividend amount is in line with the company's history of regular dividend payouts to shareholders. The record date for eligibility and the total payout amount were not disclosed in this filing.
A modest final dividend declaration that provides some income return for shareholders, though the actual yield depends on Exide's prevailing share price. Likely to be viewed neutrally to mildly positive by the market as it confirms continued shareholder returns.