Announced Thu, 29 May · 17:18 IST

Enclosed is an intimation of declaration of final dividend for the financial year 2024-25

Corporate Actions View source PDF

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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 First Custodian Fund India Ltd, at their meeting held on 29th May 2025, have recommended a final dividend of 10% (Re. 1 per equity share) for the financial year ended 31st March 2025. The dividend is subject to approval by shareholders at the upcoming 39th Annual General Meeting. The company has filed this intimation with BSE under Regulation 30 of the SEBI (LODR) Regulations, 2015. The dividend amount is modest, reflecting the company's small equity base and capital allocation policy.

Likely market impact

Shareholders of record as on the record date (yet to be announced) will receive Re. 1 per share as dividend. Given the small absolute dividend, the impact on stock price or shareholder returns is likely to be limited unless the share price is very low.