Fortis Healthcare Limited has informed the Exchange regarding 'Final Dividend, Record Date and Closure of Register of Members and share Transfer Books'.
FORTIS · price
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On the reaction day the stock moved 0.6 pts more than Nifty Midcap 150 and 1.1 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Fortis Healthcare has fixed Friday, July 25, 2025 as the record date for its proposed final dividend of ₹1 per equity share (10% of face value of ₹10) for FY 2024-25. The dividend was recommended by the Board on May 20, 2025 and is subject to shareholder approval at the 29th Annual General Meeting scheduled for August 11, 2025. Shareholders whose names appear as beneficial owners or in the Register of Members as of close of business on July 25, 2025 will be eligible. The Register of Members and Share Transfer Books will remain closed from July 26 to August 11, 2025 (both days inclusive), and the dividend will be paid within 30 days of the AGM after deducting applicable tax at source.
The ₹1 dividend is a modest payout and is largely an income event for existing shareholders. The stock will typically trade ex-dividend shortly before the July 25 record date, so the share price may adjust slightly downward around that time.